Personal Finance

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Across
  1. 4. a periodic payment for the use of borrowed funds
  2. 7. risk transfer to a third party
  3. 9. interest paid on both the original loan and interest earned
  4. 10. investments that represents ownership in business (risky)
  5. 11. your payment before an insurance company begins coverage
Down
  1. 1. used when a person is sick
  2. 2. interest on the original loan
  3. 3. investment that represents a loan to government or corporation (low risk)
  4. 5. the recipient of funds or other benefits from insurance policies
  5. 6. a collection of securities chosen and managed by a group of professional fund managers
  6. 8. all social classes pay the same percentage
  7. 12. a business whose main purpose is to recieve deposits and make loans