Personal Finance

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Across
  1. 2. investment that represents a loan to gov’t or corporation (low risk)
  2. 3. tax all social classes pay the same percentage
  3. 4. decision occurs when benefits outweigh the cost
  4. 8. A periodic payment for the use of borrowed funds.
  5. 10. insurance used when a person is not capable of working
  6. 13. Amount paid on an insurance policy per a given time period
Down
  1. 1. interest interest paid on both the original loan and interest earned
  2. 3. tax more money is taken out based on a larger pay check(federal tax)
  3. 5. insurance insurance that protects your belongings from theft and destruction
  4. 6. The amount of money borrowed, or the amount of money still owed on a loan
  5. 7. insurance benefits survivors or the deceased
  6. 9. interest interest on the original loan
  7. 11. investments that represent ownership in business (risky)
  8. 12. A business whose main purpose is to receive deposits and make loans.