FIN MATH VOCAB 4

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Across
  1. 5. a bank account that earns interest
  2. 6. a sum of money increasing over time
  3. 9. withdrawing more money from an account than it holds
  4. 10. an amount of money borrowed from a bank
  5. 11. the percentage rate set by a bank to determine interest paid
  6. 12. a bank account used to write checks for payment and use a debit card
Down
  1. 1. a document agreement to deposit money into an account for a set amount of time and set interest rate
  2. 2. extra money paid to the bank for money borrowed
  3. 3. the amount of money currently in an account
  4. 4. interest calculated on the principal loan PLUS all accrued interest
  5. 7. a bank account used to save money
  6. 8. interest calculated on the principal loan, or amount borrowed