Financial Mathematics Made Simple

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Across
  1. 2. - To get money now with the agreement to pay it back later.
  2. 5. - What happens to your phone's value as soon as you take it out of the store.
  3. 8. - The person or bank that gives out money you’ll need to pay back.
  4. 10. - The original amount of money you put into a savings account.
  5. 11. - The percentage of extra money you pay on top of the amount you borrowed.
  6. 12. - Putting your money into something now to hopefully make more later.
  7. 13. - The reason why your favorite snacks cost more every year.
Down
  1. 1. - The total sum of money you’re dealing with, including interest.
  2. 2. - The person who takes out a loan and promises to pay it back.
  3. 3. - The true worth of your money after inflation is factored in.
  4. 4. - Adjusting payments to keep up with rising prices so your cash stays worth the same.
  5. 6. - The length of time you keep your money invested or borrowed.
  6. 7. - The extra money you earn from a savings account or pay on a loan.
  7. 9. - When your old baseball cards are worth more now than when you bought them.