Savings and Investing Unit Test Review

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Across
  1. 2. An amount of money you add to a bank account
  2. 3. An amount of money you take out of a bank account
  3. 6. A loan to a company or government that pays back a fixed rate of return
  4. 7. A financial 'safety net' for unexpected expenses
  5. 11. Account A managed account that an adult opens on behalf of a minor
  6. 13. To put out money in order to gain profit
  7. 14. Any time you get paid, set aside some portion to save before you do any spending
  8. 16. The monthly record of your account transactions sent to you by your bank.
Down
  1. 1. Interest earned on both the principal amount and any interest already earned
  2. 4. A financial strategy where you invest in different companies instead of fixating on one to reduce risk
  3. 5. The amount of money you earn on your savings account balance
  4. 8. The U.S. Corporation that insures the money in your bank account up to $250,000
  5. 9. a type of bank account that allows you to put aside money for future use and earn interest
  6. 10. Putting aside money for future use
  7. 12. The money you earn on your savings account balance over a period of time
  8. 15. All the shared into which ownership of the company is divided