Across
- 2. Interest earned on both principal and previously earned interest.
- 4. a card used to withdraw or deduct money from your checking account.
- 6. taking money from your account
- 8. a type of savings account that earns the market rate of interest on the money deposited.
- 9. A discount bond issued by the federal government.
- 11. A fixed amount set aside on a regular basis over time.
- 12. Interest computed on principal once during a certain time period.
Down
- 1. A quick formula for computing how long it will take to double money invested at a given interest rate.
- 3. A bond's future value as stated on its face.
- 5. A demand deposit account designed for the accumulation of money in a safe place for future use.
- 7. A sum of money set aside on which interest is paid.
- 10. A time deposit that pays a fixed rate of interest for a specified length of time.