Across
- 3. When the value of an item decreases as a percentage of its value after each time period.
- 4. A loan that attracts compound interest but is reduced in value by making regular payments.
- 7. When interest is added to a loan or investment and then contributes to earning more interest.
- 9. The value of an item at which it is ‘written off’ or is considered no longer useful or usable.
- 11. An investment that earns compound interest and from which regular payments are deposited or withdrawn.
- 13. The amount by which the value of an item decreases after a period of time.
- 14. A loan where the regular payments made are equal in value to the interest charged.
Down
- 1. An annuity where the regular payments or withdrawals are the same as the interest earned.
- 2. A constant amount that is subtracted from the value of an item at regular time intervals.
- 5. The real interest rate when the effects of compounding is taken into account.
- 6. The advertised interest rate.
- 8. A fixed amount of interest that is paid at regular time intervals.
- 10. The initial amount that is invested or borrowed.
- 12. The value of a loan or investment at any time during the loan or investment period.