Math of Personal Finance Banking and Loans

Edit Answers
1234567891011121314151617181920212223242526272829
Across
  1. 3. Method of obtaining a car by only paying for a portion of the cost of a car. You must return the car when agreement is complete.
  2. 7. Interest compounded once each year
  3. 9. Everything you own
  4. 10. Organization that guarantees the safety of money in a bank by insuring each depositor for up to a specified amount.
  5. 12. The time if will take you to pay off the loan, unless you decide to pay it off early.
  6. 13. The price that appears on the window of a new car.
  7. 15. A loan not backed by collateral.
  8. 17. A written order used to tell a bank to pay money from an account to the check holder.
  9. 18. Organizations that extend loans.
  10. 20. An account at a bank that allows a customer to deposit money, make withdrawals, and make transfers from the funds on deposit.
  11. 24. Completed by the payee; either through writing, by stamp, or electronically.
  12. 25. The receiver of the transferred funds.
  13. 26. A loan guaranteed by collateral.
  14. 27. People who use credit
  15. 28. Money that you borrow.
Down
  1. 1. Cash sum required before you lease a car to safeguard dealerships.
  2. 2. An account in which the bank pays interest for the use of money deposited in the account.
  3. 4. The interest rate calculated as an annual rate; it's the interest rate multiplied by the number of periods in a year.
  4. 5. Using the internet to manage your bank account without having to enter a branch.
  5. 6. Money earned on the money deposited plus previous interest
  6. 8. Manufacturer's Suggested Retail Price
  7. 11. 6.85% for a person living in Salt Lake City, UT.
  8. 14. A card that gives you instant access to money even if you do not have the money available.
  9. 16. A score that ranges from 300 to 850.
  10. 19. What you initially pay toward the purchase price of the car.
  11. 21. A rating that is derived from how much you owe, what your history of paying off loans is and whether you can be relied on to pay off loans.
  12. 22. A promise to pay in the future for good and services purchased today.
  13. 23. A person who agrees to payback the loan if the borrower is unable to do so.
  14. 29. The annual rate of interest that takes into account the effect of compounding.