9 A fixed regular payment typically paid weekly basis made

Last updated: 1/27/2023

9 A fixed regular payment typically paid weekly basis made by an employer to an employee 10 This type of income is passive not produced by working Investment Value 11 All the property you own of value plus any cash or investments you have Gross pay 12 The income amount a worker earns before deductions or taxes are taken out of the paycheck 13 The cost for the use of borrowed money Paid to the lender by the borrower of the money 14 The amount remaining of a paycheck after all of the payroll deductions and income tax are taken out 15 The charge for the use of borrowed money expressed as a percentage of the amount borrowed 16 A certain amount of money saved today is worth more than the same amount saved in the future The reason is that money saved now has time to grow with interest I 17 Any debts you have outstanding such as a credit card balance student loans or the money mom and dad lent you that they expect to get back 18 A period of economic decline producers are making products that people are not buying supply outpaces demand Trade Off 19 That which must be given up in order to get something else a trade off compound interest 20 Interest that is not compounded but only paid on the principal balance each given period