I WILL GIEV BRAINLIEST PLEASE HELP FULLY (pt 9) 9. Fill in the blanks from the word bank below. (12 points total, 1 point each)
capital gain coupon interest low simple interest rule of 72 high rule of 69 capital loss compound interest APY percentage
There are many options when it comes to saving and growing money. Most people put their money into savings accounts, where their money earns . Interest is usually expressed as , and can be calculated two ways: , where money is paid only on the principal; and , where money is paid on the principal, plus any interest earned. If left in the account long enough, the value of the account can double according to the doubling schedule known as the for daily/continuous compounding, or the for any other frequency of compounding.
When choosing a savings account to put money into, it is important to pay attention to the published rates. Most banks will advertise their savings rates in terms of .
People who want a higher payoff will usually steer away from savings accounts and put their money into investments such as stocks, bonds, or real estate. The least risky of the three are bonds, which pay a predetermined amount of interest, known as a . The riskiest are stocks, which offer no guarantees of making money. When it comes to stocks, it is best to buy and sell . The profit earned this way is called . If the opposite happens, and the money is lost from the stock sale, the event is known as .