Simple Annuity Crossword

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Across
  1. 2. payments received or deposits made
  2. 3. an annuity where the payment interval is not the same as the interest period
  3. 7. share in the company’s profit
  4. 10. Annuity Immediate
  5. 11. interest bearing security which promises to pay amount of money on a certain maturity date
  6. 12. face value
  7. 14. economic value of a cash flow
  8. 15. periodic interest payment that the bondholder receives during the time between purchase date and maturity date; usually received semi-annually
Down
  1. 1. the current price of a stock at which it can be sold
  2. 4. shares in the ownership of the company
  3. 5. the down payment plus the present value of the installment payments
  4. 6. annuity where the payment interval is the same as the interest period
  5. 8. payments are made at beginning of each interval
  6. 9. an annuity that does not begin until a given time interval has passed
  7. 13. a sequence of payments made at fixed intervals
  8. 15. payments begins and ends at definite time