Football Module 1
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Name *
Class Period *
1. What is principal *
2. Describe the difference between a fixed and variable interest rate. *
3.True or false: Liquidity refers to how  accessible your money is to you. *
Required
4.Which typically earns more interest, a savings account or a CD? *
5. True or false: Interest rates of checking accounts are often higher than those for savings accounts *
6.  What is APR? *
7. . What is the rule called that helps you determine how long your money takes to double in savings? *
8.  List three common reasons people save money. *
9.  True or false: If you need constant access to your funds, a traditional savings account is a good savings option *
10. Experts suggest you should try to save what percentage of your income? *
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