Unit 3 Review

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Across
  1. 2. a savings account set up specifically to be used to cover financial emergencies
  2. 5. the average rate of growth for an investment over time
  3. 6. the amount of interest charged on a debt but not yet collected
  4. 7. paying cash for college is which foundation
  5. 8. a purchase that requires a significant amount of money
  6. 11. concept that an amount of money is worth more today than in the future due to earning potential
  7. 13. this country has the highest household savings rate in the world
  8. 14. this steals your future (when it comes to money)
  9. 16. the percentage of principal charged by the lender for use of its money
  10. 17. paying cash for your car is which foundation
Down
  1. 1. the persistent rise in the cost of goods and services over time
  2. 3. the total amount of money you have after your initial investment plus interest over an extended period of time
  3. 4. having an emergency fund is which foundation
  4. 9. the measure of an investment's profit or loss, usually expressed as a percentage of the initial investment
  5. 10. interest paid on interest previously earned
  6. 12. the amount of money you initially invest
  7. 15. the initial amount of money invested or borrowed