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Turning Points 2000 Continues to Endorse the Recommendations of Turning

question 75

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Turning Points 2000 continues to endorse the recommendations of Turning Points 1989 but adds a new recommendation for schools to


Definitions:

Investment

The operation of earmarking financial resources with the hope of obtaining a return or profit.

Simple Interest

A method of calculating interest where the interest charge is based on the original principal only, not on the accumulated interest.

Maturity Value

The amount payable to an investor at the end of a security's term or life, which typically includes the principal plus interest.

Principal

The original sum of money borrowed in a loan or the initial amount of money invested, excluding any interest or gains.

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