jordan burns 8th Financial literacy

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Across
  1. 4. rating:an estimate, based on previous dealings, of a person's or an organization's ability to fulfill their financial commitments
  2. 7. the money originally invested or loaned, on which basis interest and returns are calculated
  3. 10. interest:interest calculated on both the principal and the accrued interest
  4. 11. Is money spent, or an amount of money spent, as a whole or on a particular thing.
  5. 12. rate of return received for one whole year, including the compound interest.
  6. 13. fixed charge for borrowing money; usually a percentage of the amount borrowed
  7. 16. Opportunity: An opportunity to make money
Down
  1. 1. the total amount of money made
  2. 2. Worth:The difference between your total assets and total liabilities
  3. 3. the Federal Deposit Insurance Corporation
  4. 5. interest:interest paid on the principal alone
  5. 6. Is legally declared inability or impairment of ability of an individual or organizations to pay their creditors.
  6. 8. Is a loan agreement that is secured by property; when person borrows money from bank, they give bank right to take property away if loan is not repaid.
  7. 9. money that is invested with an expectation of profit
  8. 14. Percentage Rate.
  9. 15. Statement:a financial document that shows how much money (revenues) came in and how much money (expenses) was paid out