Flip and pair: term with meaning

Exercise and reference answers

Matching pairs

1. A

   Principal

   B

   the sum originally deposited or borrowed

2. A

   Rate

   B

   the percentage charged per annum

3. A

   Interest

   B

   the extra money paid

4. A

   Amount

   B

   principal plus interest

5. A

   Per annum

   B

   for each year

Explanation