Financial Algebra

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Across
  1. 3. Deposits that do not appear on the bank statement.
  2. 5. The balance, or amount of money, in an account, or amount borrowed.
  3. 7. The amount of money in a checking account at the end of a statement period.
  4. 10. Checks that do not appear on the bank statement.
  5. 13. Same as balancing; the process of verifying the bank's records to make sure no errors have been made.
  6. 15. The total pay, which is the sum of an employee's hourly pay and overtime pay.
  7. 18. A written order used to tell a bank to pay money (transfer funds)from an account to the check holder.
  8. 19. A method for calculating interest so that it is paid once a year.
  9. 21. Interest that is earned on the money deposited into an account plus previous interest.
  10. 22. Interest that is calculated on the principal in an account
  11. 23. Deposits into a bank account.
  12. 24. A short accounting of a job-seeker's education and qualifications for employment.
Down
  1. 1. The money in a bank account that is held until the issuing bank of a check pays for a check.
  2. 2. Expenses for electricity, natural gas, heating oil, and water that are incurred while living in a home.
  3. 4. A business that has lists of job openings and charges a fee to find jobs for people.
  4. 6. The process that happens when a bank pays for a check out of a
  5. 8. The account owner of a check; the person who writes the check.
  6. 9. Withdrawals from a bank account.
  7. 11. A record of all transactions in a checking account, including checks written, deposits made, fees paid, ATM withdrawals, and so on.
  8. 12. The federal act that established Social Security insurance.
  9. 14. The amount of money in a checking account at the beginning of a statement period.
  10. 16. Additional compensation from an employer.
  11. 17. The interest rate paid per year or charged per year.
  12. 20. An annual rate of interest that takes into account the effect of compounding.