Personal Fiance homework word bank questions?

Abbreviation of annual percentage rate, the interest rate applied annually to a loan or a credit card balance.





Abbreviation of annual percentage yield, the rate of return earned in the course of one whole year, taking compounding into account, expressed as a percentage.





Cash and other liquid assets such as demand deposits or treasury bills that an individual possesses.





An expense that does not vary from one time period to the next.





To obtain a new loan for something on different terms, often involving the paying off of an existing high-interest loan by means of a new lower-interest one.





Money set aside for future use.





To take money out of an account.





To plan the allocation, expenditure, or use of money.





The amount of money spent on food, clothing, accommodation, and other basic necessities.





The amount of money that is anticipated to be received over a period of time, either as payment for work, goods, or services, or as profit on capital.





WORD BANK:





Withdraw


Cost of living


APR


Fixed costs


Cash reserves


Budget


Income Potential


Refinancing


Savings


APY





Anything will help! Thanks!|||Abbreviation of annual percentage rate, the interest rate applied annually to a loan or a credit card balance. (APR)





Abbreviation of annual percentage yield, the rate of return earned in the course of one whole year, taking compounding into account, expressed as a percentage. (APY)





Cash and other liquid assets such as demand deposits or treasury bills that an individual possesses. (Cash reserves)





An expense that does not vary from one time period to the next. (Fixed Cost)





To obtain a new loan for something on different terms, often involving the paying off of an existing high-interest loan by means of a new lower-interest one. (Refinancing)





Money set aside for future use. (Savings)





To take money out of an account. (Withdraw)





To plan the allocation, expenditure, or use of money. (Income Potential)***





The amount of money spent on food, clothing, accommodation, and other basic necessities. (Cost of Living)





The amount of money that is anticipated to be received over a period of time, either as payment for work, goods, or services, or as profit on capital. (Budget)***





I hope this helps. I'm not sure on a couple of them (***), but I think most of them are right.