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