Unit 3 Review
Across
- 2. a savings account set up specifically to be used to cover financial emergencies
- 5. the average rate of growth for an investment over time
- 6. the amount of interest charged on a debt but not yet collected
- 7. paying cash for college is which foundation
- 8. a purchase that requires a significant amount of money
- 11. concept that an amount of money is worth more today than in the future due to earning potential
- 13. this country has the highest household savings rate in the world
- 14. this steals your future (when it comes to money)
- 16. the percentage of principal charged by the lender for use of its money
- 17. paying cash for your car is which foundation
Down
- 1. the persistent rise in the cost of goods and services over time
- 3. the total amount of money you have after your initial investment plus interest over an extended period of time
- 4. having an emergency fund is which foundation
- 9. the measure of an investment's profit or loss, usually expressed as a percentage of the initial investment
- 10. interest paid on interest previously earned
- 12. the amount of money you initially invest
- 15. the initial amount of money invested or borrowed