Across
- 1. The quantity of goods and services a person can buy with a given amount of money.
- 5. The number of years it takes for your money to double.
- 7. The central bank for the United States, charged with enforcing monetary policy.
- 8. A dollar today is worth more than a dollar tomorrow.
- 9. A charge for borrowing money.
- 10. Interest calculated on only the initial principal amount.
Down
- 2. Percentage reward or payment over a period of time that is given to savers or paid by borrowings on savings or loans.
- 3. Interest earned on both the initial principal and the interest reinvested from prior periods.
- 4. The original amount borrowed.
- 6. Shows how much credits costs you on a yearly basis, expressed as a percentage.