Across
- 5. the price you pay for an item divided by the quantity it contains, based on a standardized measurement
- 8. the standard of something as measured against other things of a similar kind
- 12. outlay of money needed to pay for items, services, etc.
- 15. tax imposed by many states, counties, and cities on purchases
- 16. money paid to you by the bank for being able to use your money
- 17. how much a set amount of money will be worth in the future
- 18. basic survival necessities
- 22. the amount that $1 at some point in the future is worth today
- 23. the process of setting money aside until a future date instead of spending it today
Down
- 1. total amount of money that is in the account at a given point in time
- 2. when money is earned on the total amount in the account, including the initial deposit and interest that has already been credited to the account
- 3. regular pay, overtime, and other earnings paid to an employee before taxes or any other obligations are deducted
- 4. a formula designed to help people estimate how long it will take to double their money at a certain expected interest rate
- 6. percentage you are paid for your money
- 7. money taken out of an account
- 9. a federal, state, or local tax placed on nonessential consumer goods
- 10. the value of money right now, today
- 11. the amount of use or benefit you get from an item
- 13. the process of setting money aside to increase wealth over time and accumulate funds for long-term financial goals such as retirement
- 14. amount spent on an item or activity that includes all associated expenditures
- 19. money put into an account
- 20. an itemized list of income and expenses for a given period of time; a plan for spending money
- 21. items a person desires that are not essential
- 24. remaining pay you take home after taxes and other deductions are made