Tourism test 3

The science of funds management

are business finance, personal finance, and public finance.

• the concept of time
• money
• risk
• and how they are interrelated.
• also how money is spent and budgeted.

is the application of the principles of finance to the monetary decisions of an individual or family unit.

when you write a check on your account, you have a piece of paper that you take to the bank to withdraw money.

The original amount borrowed

A financial intermediary

generally a list of all planned expenses and revenues. it is a plan for saving and spending

An interest rate is the rate of which interest is paid by a borrower for the use of money that they borrow from a lender.