Match the Investing, Borrowing, and the Time Value of Money term with the appropriate definition.

Prompts

$$ Balloon maturity

$$ Federal Deposit Insurance Corporation $($FDIC$)$

The American Recovery and Reinvestment Act $($ARRA$)$ of $2009$

London Interbank Offered Rate $($LIBOR$)$

Rule of $72$

Answers

Select match

The federal agency insuring bank deposits for individual investors.

Accepted standard as a benchmark for variable rate loans and investments.

Easy method to determine the number of years required for an investment to double in value at fixed annual rates of interest.

Approved as a stimulus for capital investment. The act included funding for computerized medical records in a standardized format.

Exceptionally large single payment due at a fixed date in the future.