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