The Best Crossword Puzzle Maker Online
Powered by BrightSprout
Save Status:
or to save your progress. The page will not refresh.
Controls:
SPACEBAR SWITCHES TYPING DIRECTION
Answer Key:
Edit a Copy:
Make Your Own:
Crossword Word Search Worksheet
Rate This Puzzle:
Log in or sign up to rate this puzzle.

Unit 5 --- Interest

Across
an account at a bank against which checks can be drawn by the account depositor. Everyday transactions.
Combination of a checking and savings account. Builds interest and allows for check writing. Pros: higher interest rates Cons: limited transactions per month and higher minimal balances
a general increase in prices and fall in the purchasing value of money
Offers a higher interest rate. Money cannot be accessed/used for a specific amount of time.
Federal Deposit Insurance Corporation, a body that underwrites most private bank deposits.
A savings account is a deposit account held at a retail bank that pays interest but cannot be used directly as money in the narrow sense of a medium of exchange. These accounts let customers set aside a portion of their liquid assets while earning a monetary return. Not for everyday transactions.
Down
is a quick and easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.
Institutions serving the financial needs of its customers. Deposits, withdrawals, loans and exchanges. Credit Unions are non-profit, have lower fees and higher interest rates
Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest. B=P(1+r)t Balance= Principle x (1+interest rate)total
money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
Institutions serving the financial needs of its customers. Deposits, withdrawals, loans and exchanges