Interest Rates Matter

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Across
  1. 1. One thousand dollars
  2. 3. Rate of return (often stated as a percentage) that describes the cumulative effect that a series of gains or losses has on an original amount of money invested, over a period of time; _____ return.
  3. 8. Ten dollar bill
  4. 11. One hundred dollar bills
  5. 12. 15 year mortgages typically require ___ interest paid than 30 year mortgages, assuming the loan interest rates are the same
  6. 14. Investing in more than one type of investment to spread your risk
  7. 15. One million dollars
Down
  1. 2. Money term, also used in reference to baking bread and cookies
  2. 4. Power: how much of goods or services that one unit of money can buy
  3. 5. When interest rates fall, bond prices ____
  4. 6. Twenty dollar bills
  5. 7. Rate at which price of goods and services rise
  6. 9. Term for money in general. Often used in slang as “making __”
  7. 10. Official currency in Mexico
  8. 13. Worth ten cents