Financial Algebra - Chapters 1 - 4 Vocab

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Across
  1. 2. The amount of money currently in an account
  2. 3. Bank account used to write checks/ for a debit card
  3. 9. Usually used when referring to an hourly rate of pay
  4. 10. A deduction from a paycheck based on income that goes to the U.S. government
  5. 13. A deduction from a paycheck based on income that goes to the state government
  6. 14. "Every two weeks"
  7. 15. Retirement benefits for people 62+, or for younger people who are unable to work
  8. 19. A document attached to a paycheck that shows pay and deductions
  9. 25. Withdrawals from a paycheck for taxes, insurance, etc.
  10. 28. Interest calculated on a principal loan, usually calculated on a yearly cycle, once a year
  11. 30. The percentage rate set by a bank to determine interest paid
  12. 31. Withdrawing more money from an account than it holds
  13. 32. Yearly, Every year
Down
  1. 1. The amount of times per year someone is paid
  2. 4. Your "..." income is your income after deductions
  3. 5. Interest calculated on a principal loan plus all accrued interest
  4. 6. The amount of money in an account
  5. 7. A table to record checks and other debits from a checking act
  6. 8. There are 52 of these in a year
  7. 11. A range of incomes taxes at the same rate
  8. 12. "Paid time off"
  9. 16. Extra money paid to the bank for money borrowed
  10. 17. Federal health insurance for people 65+
  11. 18. Hours worked more than the scheduled amount
  12. 20. If your get paid 12 times a year, you are paid "...."
  13. 21. Your "..." income is your income before deductions
  14. 22. If you are paid four times a year, you are paid "..."
  15. 23. An amount of money borrowed from a bank
  16. 24. A sum of money increasing over time
  17. 26. "Twice a month"
  18. 27. Failure of an employer to pay an employee for hours worked
  19. 29. Usually used when referring to a yearly amount of pay