Chapter 3: Saving Money

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Across
  1. 3. Initial amount of money invested or borrowed
  2. 5. Average rate of growth for an investment over time; often expressed as an annual figure
  3. 6. The foundation that states pay cash for your car
  4. 7. a savings account set up specifically to be used to cover financial emergencies
  5. 8. The foundation that says pay cash for college
  6. 12. the measure of an investment's profit or loss, usually expressed as a percentage of the initial investment
Down
  1. 1. a purchase that requires a significant amount of money
  2. 2. Percentage of principal charged by the lender for the use of its money
  3. 4. Interest paid on interest previously earned
  4. 6. Concept that an amount of money is worth more today than in the future due to earning potential
  5. 9. The persistent rise in the cost of goods and services over time
  6. 10. Third reason to save
  7. 11. Amount of interest charged on a debt but not yet collected