Unit 3 review

123456789101112131415161718
Across
  1. 2. your accounts at credit unions are insured through the ____ for up to $250,000
  2. 8. A way to pay for things without using cash, the money comes from your checking account.
  3. 10. A place you can go to get loans with interest rates of over 300% APR. ______ Loan Store.
  4. 12. happens 12 times per year
  5. 15. In the time value of money equation the amount you'll have after investing is the ______ value.
  6. 17. Your employer can pay you via ______ _______ if you give them your routing and account number.
  7. 18. A financial institution that is not-for-profit, is not traded on the stock exchange, and refers to its customers as members.
Down
  1. 1. If banks have physical locations they are referred to as brick-and-______ banks.
  2. 3. A type of bank account that has higher interest rates than savings accounts. It also locks in your money for a set amount of time. It's a ___________ of Deposit.
  3. 4. happens 4 times per year
  4. 5. When money is automatically withdrawn from your savings to your checkings if you try to buy something and don't have enough money for it. Usually you have to pay fees when this happens.
  5. 6. your accounts at banks are insured through the ____ for up to $250,000
  6. 7. In the time value of money equation the amount you'll invest is called the _______ value.
  7. 9. If you don't have a bank account you can cash a check at a Check _______ Store.
  8. 11. once per year
  9. 13. When banks offer you an interest rate on a savings account, CD, or MMA, this is the annual percentage _____
  10. 14. The Time Value of Money says that money is worth ____ now than it is later.
  11. 16. compounding _____ means compounding 365 times per year