Across
- 2. final amount after interest
- 4. interest added once per year
- 7. average that accounts for time at each amount
- 8. amount of money in an account
- 9. one large payment at the end
- 12. interest added twelve times per year
- 13. the starting amount of money
- 15. money paid upfront before borrowing
- 17. average balance across days
- 19. interest earned on original money and past interest
- 22. ending date is included
- 28. building money over time
- 29. borrowing system with a changing balance
- 30. percent charged or earned each year
- 31. time period for credit card charges
- 33. length of time of a loan or investment
- 34. loan lasting one year or less
- 37. interest calculated only on the original amount
- 39. growth that speeds up over time
- 40. value of money today
- 43. amount money is multiplied by each period
- 45. person or institution that gives money
- 46. year with 365 days
- 50. one of many equal payments
- 51. money put somewhere to grow
- 53. uses actual number of days
- 54. true yearly rate including compounding
- 55. different rates that give the same result
- 57. written contract for a loan
- 58. total amount paid including interest
- 59. total money gained from an investment
- 60. growth increases more over longer time
- 61. total amount at the end of a loan or investment
- 62. comparing accounts using true yearly return
- 63. stated interest rate before compounding
- 64. interest added twice per year
Down
- 1. amount paid each month
- 3. total number of times interest is added
- 5. percent written as a decimal
- 6. interest rate for each time period
- 10. uses simplified number of days
- 11. time converted into years for calculations
- 12. interest added four times per year
- 14. original money plus interest
- 16. interest calculated using number of days
- 18. actual rate earned after compounding
- 20. process of adding interest repeatedly
- 21. what you give up when choosing an option
- 23. money earned or paid for using money
- 24. interest added every day
- 25. interest calculated on full loan before payments are made
- 26. total value after interest is added
- 27. small increases grow very large over time
- 32. taking money out of an account
- 35. how long money is borrowed or invested
- 36. total cost of borrowing money
- 38. money borrowed that must be repaid
- 41. ending date is not included
- 42. person who receives money
- 44. starting amount invested
- 47. paying off a loan over time
- 48. money now is worth more than money later
- 49. year with 360 days
- 52. earning interest on previously earned interest
- 56. putting money into an account