Financial Mathematics

2. the value right now of some amount of money in the future
3. occuring once per year
4. money earned by an individual or other entity
9. the time between two interest payments or loan repayments
10. a plastic card issued by a bank or financial services company that allows cardholders to borrow funds with which to pay for goods and services with merchants that accept cards for payment
17. to be under obligation to pay or repay
18. to obtain some form of loan
20. an accounting method used to allocate the cost of a tangible or physical asset over its useful life
21. something a person or company owes, usually a sum of money
22. a payment made to the government, usually as a percentage of a transaction, e.g. income tax, goods & services tax (GST), stamp duty
24. to take money away from an account
26. how regularly loan repayments mst be made (e.g. monthly, weekly)
29. occuring once every month (or 12 times per year)
30. a fixed amount of money that you will be paid each year for the rest of your life
31. to give money to someone who agrees that they will pay the money back in the future, usually with extra money added to the original amount

1. the value of a current asset at a future date based on an assumed rate of growth
4. the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
5. the original sum of money borrowed in a loan or put into an investment
6. a fixed percentage of the amount invested or borrowed, calculated on the original amount.
7. the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods
8. money held at a bank
11. an increase in the value of an asset over time
12. occuring once every week (or 52 times per year)
13. an increase in the level of prices of the goods and services that households buy
14. any amount that you owe including bills, loan repayments and income tax
15. a form of debt incurred by an individual or other entity
16. occuring once every two weeks (or 26 times per year)
19. the total amount of money brought in by a company's operations, measured over a set amount of time
23. a lending term for when a customer purchases a good or service with an agreement to pay at a later date
25. the amount of money owed (or due) on an account
27. the act of paying back money borrowed from a lender in accordance with a loan's terms
28. occuring once every three months (or four times per year)