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Math & Money Ch. 1

Teacher: L Dangelo
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Across
2
An obligation of repayment owed by a debtor to a creditor or lender.
3
A person/organization that buys and uses products and services.
4
A system by which goods and services are produced and distributed.
7
Knowledge and skillset necessary to be an informed consumer and manage finances effectively.
Down
1
All decisions and activities of an individual or family regarding their money, including spending, saving, budgeting.
3
The granting of a loan and the creation of debt, any form of deferred payment.
5
A debt evidenced by a "note" which specifies the principal amount, interest rate and date of repayment.
6
Fee paid by a borrower to the lender for the use of borrowed money.