Personal Finance

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Across
  1. 2. insurance that protects your belongings from theft and destruction
  2. 5. investments that represents ownership in business (risky)
  3. 6. investment that represents a loan to gov’t or corporation (low risk)
  4. 8. used when a person is sick
  5. 10. a collections of securities chosen and managed by a group of professional fund managers
  6. 11. more money is taken out based on a larger pay check (federal tax)
  7. 13. The amount of money borrowed, or the amount of money still owed on a loan
Down
  1. 1. all social classes pay the same percentage
  2. 3. occurs when benefits outweigh the cost
  3. 4. A periodic payment for the use of borrowed funds.
  4. 7. risk transfer to a third party
  5. 9. smaller amount of money take out of pay check (sales tax)
  6. 12. A business whose main purpose is to receive deposits and make loans.