Financial Algebra Review
Across
- 5. a part of a company that you own
- 7. accounts that compound semi-annually earn interest this many times in a year
- 9. a payment card that is attached directly to a checking account (two words, no spaces)
- 12. income you earn from stocks without selling them
- 13. the collection of all the stocks that you own
- 14. the “Y” in APY
- 16. someone who signs a loan with you if you don’t have very good credit
- 18. interest that is only earned on the principal (initial investment)
- 19. _____ payment is the initial payment you make when you start a loan or payment plan
- 20. the only type of payment card that can affect your credit score (two words, no spaces)
Down
- 1. accounts that compound monthly earn interest this many times in a year
- 2. a payment card that is like using a rechargeable gift card (three words, no spaces)
- 3. the “R” in APR
- 4. the profit you make when selling stocks (three words, no spaces)
- 6. when an asset increases in value
- 8. an account that earns fixed interest for a set period of time (three words, no spaces)
- 10. when an asset decreases in value
- 11. accounts that compound quarterly earn interest this many times in a year
- 15. interest that is earned on the principal and any interest earned on the investment
- 17. someone who is licensed to buy and sell stocks