average daily balance method
Give this one a try later!
interest rate is applied to average outstanding balance over the billing
cycle
Traveler's check
,Give this one a try later!
check purchased from a bank, generally used when traveling away from
home
#2 cause of bankruptcy
Give this one a try later!
charge accts, layaways
Certificate of Deposit (CD)
Give this one a try later!
savings account w/a set maturity and restricted access to funds until
maturity
availability = A (min varies)
safety = A+
liquidity = C (early withdrawal penalties)
yield (avg rate) = A (5.30%)
Bank Reconciliation
Give this one a try later!
, end-of-month analysis comparing the cash balance per bank statement
with the cash balance per checkbook
simple interest method
Give this one a try later!
interest is computed by applying APR to the outstanding loan balance
debit card
Give this one a try later!
the price of a purchase is deducted immediately from your bank deposit
credit insurance packing
Give this one a try later!
lender adds credit insurance to your loan, which you may not need
monroney sticker price
Give this one a try later!
Give this one a try later!
interest rate is applied to average outstanding balance over the billing
cycle
Traveler's check
,Give this one a try later!
check purchased from a bank, generally used when traveling away from
home
#2 cause of bankruptcy
Give this one a try later!
charge accts, layaways
Certificate of Deposit (CD)
Give this one a try later!
savings account w/a set maturity and restricted access to funds until
maturity
availability = A (min varies)
safety = A+
liquidity = C (early withdrawal penalties)
yield (avg rate) = A (5.30%)
Bank Reconciliation
Give this one a try later!
, end-of-month analysis comparing the cash balance per bank statement
with the cash balance per checkbook
simple interest method
Give this one a try later!
interest is computed by applying APR to the outstanding loan balance
debit card
Give this one a try later!
the price of a purchase is deducted immediately from your bank deposit
credit insurance packing
Give this one a try later!
lender adds credit insurance to your loan, which you may not need
monroney sticker price
Give this one a try later!
