Chapter 9 Activity - Financial Health Vocabulary
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This activity focuses on terms associated with retirement savings.
Topics of this game:
- Persistent increase in the general price of goods and services in an economy over a period of time.
- This is NOT one of the Treasuries
- This is NOT one of three interest rates that every retiree needs to track
- This is NOT considered an ultra-safe investment
- This is the rate banks charge each other for overnight loans
- This is the rate that banks charge their best customers
- This is the rate that banks are charged when borrowing from the Fed
- This is the fixed annual rate for a bond
- Bonds are essentially loans to all of the following EXCEPT
- EXCEL function that calculates the periodic rate required to achieve some financial goal
- EXCEL function that calculates the present value required to achieve some financial goal
- EXCEL function used to calculate the number of periods required to achieve some financial goal.
