Dave Ramsey Chapter 3 review () Questions and Answers Already Passed

Dave Ramsey Chapter 3 review (2023- 2024) Questions and Answers Already Passed 47% of Americans have less than $1,000 saved for a(n)____ emergency fund An investment's _________is its percentage gain or loss over time. rate of return ________________-is the average rate of growth for an investment over a period of time. compound growth The price of goods and services increases over time due to________ inflation The initial amount of money you deposit or invest is called the______ principal You save for a(n) ________ when you don't have the cash to buy it now. large purchase ______________deals—such as 90-days-same-as-cash—are often used to get you to buy higher- priced items interest rate The________ refers to the earning potential of money. time value of money When talking about saving money, Anthony ONeal says, "Start paying yourself and_____ investing in your future The First Foundation is: Save________ a $500 emergency fund If you make a late credit payment, you might see the lender add__________ a accrued interest to what you owe The three reasons to save money are______ build emergency fund cash for purchases build wealth. Which of the following would be considered an emergency fund expense? A. lost cell phone B. video game sale C. blown car tire D. sale on shoes c "Rate of return" is a phrase used to describe