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Mathematics, 25.04.2020 21:57 joel4676

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Match the terms to their correct definitions. 1. Adjusted balance like loaning money to the company for interest 2. ATM Automatic (or Automated) Teller Machine a share of money earned as profits by a company and distributed to its stockholders 3. Bond a commitment of money in order to gain a financial return 4. Certificates of deposit (CD's) the fee a bank pays you to keep your money 5. Checking account a share in the ownership of a company 6. Club account interest figured only on the amount of money in the savings account 7. Compound interest planning for the distribution of one's estate after death 8. Debit card interest figured on the amount of money in the savings account plus the amount of interest already earned 9. Dividend account allows you to write an instruction to the bank, as a check, to make a payment from that account 10. Estate planning balance after adding the outstanding deposits and subtracts the outstanding checks to the balance on the statement 11. Interest an estate, or other property or money, given to a person or institution to manage 12. Intestate a sum on deposit usually for a given period of time at a fixed interest rate 13. Investment investment instrument in which you purchase a part of a collection of investments 14. Living trust can be used like a credit card, but money is deducted directly from bank account 15. Mutual fund accounts are set up to save for specific purchases 16. Simple interest without a will 17. Stocks a trust established while the owner of the trust is still alive 18. Trust permits the customer to make transactions by using a special computer terminal 19. Will document that specifies how one desires his estate to be distributed upon his death 20. Yield the annual interest ÷ cost

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