Treasury bonds

29 December 2022
4.5 (248 reviews)
19 test answers

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Commercial banks
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Financial institution that serves individuals and businesses
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Savings bank
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Financial institutions owned by their depositors
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Savings and loans association
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Financial institutions that originally specialized in lending money to consumers to buy homes
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Savings bond
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US government sales $50-$10,000 through commercial banks savings and loans credit unions and post office
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Certificate of deposit
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A deposit in a savings account that earns a fixed interest rate A specific period of time
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Money market account
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80 posit interest rate changes over time
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Bond
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Hey written promise to pay buy specific day
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APY
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This law requires banks to report annual percentage for their account
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Credit union
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Financial institutions the offer membership to people who share a common bond
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Face value
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The amount printed on a bond
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Simple interest
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Interest paid once a year at the end of the year and the average balance in an account
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Rule of 72
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If asset grows x percent a year valuable double 72 X = years
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Treasury bills
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A short dated government security interest what issued at a discount on its redemption price
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Treasury notes
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A note issued by the US treasury for used as currency
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Principal
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The money on deposit into savings account, CD or other savings option
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savings account
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Offered by banking institutions and enable you to deposit money earned interest and withdraw
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Dividend
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A share of the companies profits
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Savings
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A trade off
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Compound interest
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Interest paid on the principle and previously earned interest