ACTIVITY3. MATCHING TYPE
What you need Paper and Ball pen
What to do: Match the words in Column A from the definitions or descriptions in Column B. Write
only the letter of your choice on the space provided before the number.
COLUMN A
1. The amount paid for the use of another amount of money
2. The length of time the principal borrowed.
3. The amount of money which interest is computed.
COLUMN B
a.Lender
b.Rate
c. Compound
Interest
d. Interest
e. Time
4. Interest that is calculated by multiplying the principal by the interest
rate.
5. Usually in percent charged by the lender
6. Person who invests the money or makes the funds available
7. Interest is calculated on the principal and also on the accumulated
past interests.
8. Person who owes the money or avail of the funds from the lender
f. Principal
g. Borrower
h. Simple Interest​