Principles of Finance Unit 1 Lesson 1-3 NAF

A professional who provides financial planning and advice on financial matters?

A nonprofit financial institution that is privately owned & controlled by its members?

A depository institution that includes savings & loans, savings banks?

The science or study of the management of money , credit, banking, and investments?

Which of the following refers to the central bank of the United States?

Which of the following refers to money's potential to grow in value over time?

Financial institutions that help consumers, businesses, and governments manage money?

Investment comp. that combine the $ from a large group of investors to buy stocks & investments

An independent federal agency that serves to supervise and regulate federal credit unions?

If you invested $1,000 for 5 years, which of the following would maximize your investment?

Depository financial institutions that specialize in home mortgage loans?

Interest earned on both the principal amount and any interest already earned?

The ability of individuals to make appropriate decisions in managing their personal finances?

Amount of interest based on a principal amount and not on earned interest?

Which of the following are the most common categories banks fall into?

Money paid to insurance companies is called what?

Any amount of money is worth more the sooner it is received based on its

The cost of borrowing money expressed as a percentage of the amount borrowed?

A depository institution where one can keep, borrow money & take care of financial affairs?

Which of the following does the financial services industry help manage their money?

How many Federal Reserve branch banks are there?