1:00
en
CR
7
Reducing balance loan : the value of the loan decreases through regular payments, despite it having compounding interest
Interest only loan : loan value stays the same, as each regular payment oats off the interest acquired
Annuity : regular payments are made, and the investment earns compound interest
Perpetuity : regular payments are made, but the value of the investment remains the same as the interest is equal to the payments
Amortisation : on a reducing balance loan, tracks the interest and amounts paid. On a annuity, tracks the withdrawals, interest and value
Amortisation table : shows the amortisation in a table
Finance solver : function of CAS calculator
Across:| 4. | regular payments are made, and the investment earns compound interest | | 5. | function of CAS calculator | | 6. | loan value stays the same, as each regular payment oats off the interest acquired | | 7. | on a reducing balance loan, tracks the interest and amounts paid. On a annuity, tracks the withdrawals, interest and value |
| | Down:| 1. | regular payments are made, but the value of the investment remains the same as the interest is equal to the payments | | 2. | shows the amortisation in a table | | 3. | the value of the loan decreases through regular payments, despite it having compounding interest |
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© 2016
PuzzleFast.com, Noncommercial Use Only
Across:| 4. | regular payments are made, and the investment earns compound interest | | 5. | function of CAS calculator | | 6. | loan value stays the same, as each regular payment oats off the interest acquired | | 7. | on a reducing balance loan, tracks the interest and amounts paid. On a annuity, tracks the withdrawals, interest and value |
| | Down:| 1. | regular payments are made, but the value of the investment remains the same as the interest is equal to the payments | | 2. | shows the amortisation in a table | | 3. | the value of the loan decreases through regular payments, despite it having compounding interest |
| |
© 2016
PuzzleFast.com, Noncommercial Use Only