Dave Ramsey Chapter 3
review (2024-2025) with
complete verified solutions
47% of Americans have less than $1,000 saved for a(n)____ - answer
emergency fund
An investment's _________is its percentage gain or loss over time. - answer
rate of return
________________-is the average rate of growth for an investment over a
period of time. - answer compound growth
The price of goods and services increases over time due to________ - answer
inflation
The initial amount of money you deposit or invest is called the______ -
answer principal
You save for a(n) ________ when you don't have the cash to buy it now. -
answer large purchase
______________deals—such as 90-days-same-as-cash—are often used to get
you to buy higher-priced items - answer interest rate
The________ refers to the earning potential of money. - answer time value
of money
When talking about saving money, Anthony ONeal says, "Start paying
yourself and_____ - answer investing in your future
review (2024-2025) with
complete verified solutions
47% of Americans have less than $1,000 saved for a(n)____ - answer
emergency fund
An investment's _________is its percentage gain or loss over time. - answer
rate of return
________________-is the average rate of growth for an investment over a
period of time. - answer compound growth
The price of goods and services increases over time due to________ - answer
inflation
The initial amount of money you deposit or invest is called the______ -
answer principal
You save for a(n) ________ when you don't have the cash to buy it now. -
answer large purchase
______________deals—such as 90-days-same-as-cash—are often used to get
you to buy higher-priced items - answer interest rate
The________ refers to the earning potential of money. - answer time value
of money
When talking about saving money, Anthony ONeal says, "Start paying
yourself and_____ - answer investing in your future
