Across
- 2. This is the P in the simple interest equation (pg.4)
- 4. The 4 parts of the _______ ____ include product, price, promotion, & place (pg.3)
- 6. The 1st step of opening a checking account is to complete an ______ in person or online (pg.15)
- 8. This characteristic of money involves money looking about the same from coins to paper bills (pg.9)
- 11. ______ of using banks includes direct deposit, FDIC protection, earning interest in savings accounts, & easier access to loans (pg.11)
- 14. ____ Term goals take often more than a year to achieve (pg.8)
- 15. ACH stands for ________ clearing house(pg.14)
- 16. In the 21st century access to ____ _____ internet has led to many Americans using online banking services (pg.17)
- 17. ________ Institutions are companies that deal with money transactions like a bank (pg.2)
- 18. ____ of Traditional Banking includes low customer reviews, lower interest rates, & limited access/hours (pg.12)
- 19. The rule of 72 shows how many years it takes for an investment to _______ (pg.6)
Down
- 1. This is 1 of the 3 ways goods are sold & involves tv, radio, internet, & newspaper/magazines (pg.3)
- 3. The ____ ____ of money shows that a dollar today is worth more than a dollar tomorrow (pg.7)
- 5. This is an example of a online only bank based out of San Francisco (pg.13)
- 7. This is the R in the compound interest equation (pg.5)
- 9. This vocab word is the process of making your checkbook match the same #s as your bank statement (pg.2)
- 10. This is when the prices of goods go down and the value of money goes up (pg.16)
- 12. A service of a financial institution is check cashing for depositors ... you can cash a check for _____ (pg.10)
- 13. ________ Interest is determined using both the principal and interest paid in the past (pg.2)