Simple Annuity Crossword

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Across
  1. 4. interest bearing security which promises to pay amount of money on a certain maturity date
  2. 6. periodic interest payment that the bondholder receives during the time
  3. 7. face value
  4. 9. shares in the ownership of the company
  5. 10. economic value of a cash flow
  6. 11. share in the company’s profit
  7. 13. the current price of a stock at which it can be sold
  8. 14. an annuity where the payment interval is not the same as the interest period
  9. 16. purchase date and maturity date; usually received semi-annually
Down
  1. 1. payments received or deposits made
  2. 2. Annuity Immediate
  3. 3. annuity where the payment interval is the same as the interest period
  4. 5. an annuity that does not begin until a given time interval has passed
  5. 6. the down payment plus the present value of the installment payments
  6. 8. payments begins and ends at definite time
  7. 12. payments are made at beginning of each interval
  8. 15. a sequence of payments made at fixed intervals