Interests and Annuities
Across
- 2. an annuity where the payment interval is NOT the same as the interest period
- 6. money borrowed or invested on the origin date
- 7. amount paid or earned for the use of money
- 9. person (or institution) who owes the money or avails of the funds from the lender
- 12. a type of annuity in which the payments are made at the beginning of each payment interval
- 13. date on which the money borrowed, or loaned is to be completely repaid
- 14. interest is computed on the principal and on the accumulated past interests
- 16. usually in percent, charged by the lender, or rate of increase of the investment
- 19. interest that is computed on the principal ONLY and then added to it
- 21. an annuity in which payments begin and end at definite times
- 22. amount after t years that the lender receives from the borrower on the maturity date
Down
- 1. an annuity in which the payments extend over an indefinite length of time
- 3. person (or institution) who invests the money or makes the funds available
- 4. interest based on a 360-day year
- 5. a traditional Filipino way of investing
- 8. interest based on a 365-day year
- 10. the amount of each payment in an annuity
- 11. date on which money is received by the borrower
- 15. an annuity where the payment interval is the same as the interest period
- 17. deposit or investment agreement between a potential depositor or investor and a financial institution
- 18. a type of annuity in which the payments are made at the end of each payment interval
- 20. amount in years the money is borrowed or invested, length of time between the origin and maturity dates