Across
- 5. Interest that is compounded daily, but is paid either quarterly or semiannually.
- 6. The balance of amount of money, in an account, or amount borrowed.
- 7. A method for calculating interest so that it is paid four times a year, or every three months
- 10. The interest rate paid per year or charged per year.
- 12. A method for calculating interest so that it is paid twice a year, or every six months
- 15. A specific date at which interest is paid on a Cd.
- 17. The percentage rate that is payed by a bank on money that is in some accounts.
- 18. Interest that is calculated on the principal in an account using the formula I=prt
- 19. A withdraw from a bank account.
Down
- 1. A certificate that states there is a specific sum of money on deposit and guarantees the payment of a fixed interest rate after a certain period of time
- 2. A method for calculating interest so that it is paid once a year.
- 3. A deposit of banking account
- 4. A method for calculating interest so that it is paid daily
- 5. Formula that can be used to calculate compound interest.
- 8. An account in which the bank pays interest for the use of the money deposit in the account.
- 9. A process of repeating item in a self similar way.
- 11. When the growth rate of a value with the mathematical function is proportional to the function.
- 13. A certain amount of money that must be kept in an account as required by that particular bank.
- 14. intrest that is earned on the money deposited into an account plus previous interest
- 16. The amount of money a company receives