Personal Finance

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Across
  1. 1. More money is taken out based on a larger pay check (federal tax)
  2. 4. The amount of money borrowed, or the amount of money still owed on a loan
  3. 8. A periodic payment for the use of borrowed funds
  4. 10. All social classes pay the same percentage
  5. 11. Your payment before an insurance company begins coverage
  6. 12. Investment that represents a loan to gov't or corporation (low risk)
  7. 15. A business whose main purpose is to receive deposits and make loans
  8. 17. Benefits survivors or of deceased
  9. 18. Amount paid on an insurance policy per a given time period
  10. 19. Used when a person is not capable of working
  11. 20. Risk transfer to a third party
Down
  1. 2. Smaller amount of money take out of pay check (sales tax)
  2. 3. Interest on the original loan
  3. 5. Insurance that protects your belongings from theft and destruction
  4. 6. A collections of securities chosen and managed by a group of professional fund managers
  5. 7. investments that represents ownership in business (risky)
  6. 9. occurs when benefits outweigh the cost
  7. 13. The recipient of funds or other benefits from insurance policies
  8. 14. interest pain on both the original loan and interest earned
  9. 16. Used when a person is sick