CONSUMER ARITHMETIC Crossword Puzzle

QUESTIONS LIST:

• percentage : the numerator of a fraction with the denominator of 100.
• principal: a sum of money lent or invested, on which interest is paid.
• rate: the percentage of the value of a balance or debt that one pays or is paid each time period
• time: the period of months or years over which a set amount of money is paid.
• interest: payment from a borrower or to a lender of an amount above repayment of the principal sum at a particular rate.
• simple interest: interest paid on the original principal only.
• compound interest: interest calculated on the initial principal which also includes all of the accumulated interest from previous periods.
• cost price: the original price of an item.
• selling price: the price at which the product is sold to the buyer.
• discount: a deduction from the usual cost of something.
• tax: a fee charged on a product or service.
• hire purchase:a system by which one pays for a thing in regular installments while having the use of it.
• installments:fixed amount of money paid at a specific time.
• deposit: the initial amount of money that paid on an item.
• profit: the money that is earned in trade or business after paying the costs of producing and selling goods and services.
• loss: the money that is lost in trade or business after paying the costs of producing and selling goods and services.
• insurance: a contract (policy) in which an insurer indemnifies or protects another against losses from specific contingencies or perils.
• investment: the spending of money usually for income or profit.