Q2 9 Weeks Test Review

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Across
  1. 2. provides employees with a guaranteed income in retirement based on their years of service, salary, and age at retirement.
  2. 4. Score A score predicting how likely you are to pay back a loan.
  3. 5. Card What is an example of revolving credit?
  4. 6. A set amount paid each month to maintain an insurance plan.
  5. 9. The individual’s reliability to repay a loan.
  6. 10. Avoidance Legal means of decreasing your tax bill
  7. 11. A level of government in a city, county, or district with representatives elected by those who live there
  8. 14. What is an example of installment credit?
  9. 16. Evasion Failure to pay legal taxes due
  10. 19. Provided by employers to help employees receive healthcare, retirement, and sick leave.
  11. 21. Pay Total income after taking taxes and deductions into account.
  12. 22. The cost to borrow money. An example is APR (Annual Percentage Rate).
  13. 23. A level of government in a state with representatives elected by those who live there
  14. 24. A retirement plan that allows employees to contribute a portion of their salary into an investment account.
  15. 25. Tax A tax paid on property owned by an individual
Down
  1. 1. The individual’s assets can be repossessed.
  2. 2. Savings Deductions that reduce an individual’s tax liability
  3. 3. The amount you pay out of pocket for medical expenses before the insurance begins to cover costs.
  4. 7. The various options individuals or businesses utilize to earn money (wages, interest, rent)
  5. 8. History What is the largest percentage of how credit scores are calculated?
  6. 12. The individual’s ability to repay a loan.
  7. 13. Tax Tax on goods and services
  8. 15. Pay Total earnings before taxes and other deductions.
  9. 17. Borrowing money and a commitment to pay it back at a later date.
  10. 18. A government that controls a nation or country
  11. 20. Leave A valuable benefit provided by many employers to give employees paid time off