Across
- 2. _______ income is the total income before taxes and deductions are taken out
- 4. __________ interest is the interest calculated on both the principal and previously earned interest
- 6. Happening four times per year
- 7. Happening once per year
- 8. Money earned from work, investments, or other sources
- 10. _______ income is the income left after taxes and deductions are taken out
- 11. A plan for how money will be earned, spent, and saved
- 14. The original amount of money borrowed, saved, or invested
- 16. Happening once per day (365 times per year)
- 17. The length of time for a loan, savings plan, or investment
- 21. Money used with the goal of earning more money over time
- 22. The annual percentage rate charged for borrowing money
- 23. Money taken from a paycheck and sent to the government for taxes
- 25. The amount a person pays before insurance begins to pay
- 26. _________ value is the amount money will be worth at a later time
Down
- 1. The process of earning interest on interest
- 3. A fixed amount paid for a covered service (e.g., You may pay a _______ for each doctor visit.)
- 5. An amount of money paid toward a bill, loan, or purchase
- 9. The ability to borrow money and pay it back later
- 12. Money that is owed to another person, company, or lender
- 13. Money spent on goods, services, bills, needs, or wants
- 15. The annual percentage yield earned with compounding included
- 18. Happening once per month
- 19. The amount paid for insurance coverage (e.g., Your monthly payment for car insurance is to pay the _______.)
- 20. ___________interest is the interest calculated only on the original principal
- 24. Money paid for borrowing money or earned from saving money