A written way to pay for something.

To exchange money for something you want or need

When your pay monthly to live in a home instead of buying your own

Spending plan based on your income and expenses.

Mme. Talbot is depositing $11,000 into her savings account and will not withdraw any of it for at least 3 years. Her savings account has an interest rate of 4%. what is the TOTAL AMOUNT of money she will have in her account in 3 years?

Ms. Daley is taking out a $55,000 loan to buy Croc charms. Her loan has a yearly interest rate of 6% over a 3 year term. How much INTEREST will she pay?

a book of blank checks with a register for recording checks written.

The money spent on something.

Taking out money from an ATM/your bank account

Mr. Dowson is borrowing $8000 from Ms. Daley to buy band tee shirts. Ms. Daley is charging him 2% interest over a 2 year term. What will Mr. Dowson pay in INTEREST?

When you use a credit card banks charge you extra money on based on what you borrowed. What is this called?

When a store takes a percentage off the price.