What is the formula for compound interest?
A=P(1+r/n)^nt
What has the biggest impact on a loans cost?
Interest
What percent of your income do you need your house to cost to be considered housing burdened?
30%
In the game Minecraft, what tool do you need to mine diamonds?
Iron Pickaxe or better
What comes once in a minute, twice in a moment, but never in a thousand years?
The letter M
What is the formula to calculate IQR?
Q3-Q1=IQR
Historically, what does the stock market always do?
Increase over time
What is the name of the tax rate that is your ACTUAL percentage of taxes you pay?
Effective Tax Rate
Which country won the most recent FIFA World Cup?
Argentina
What is seen in the middle of March and April that can’t be seen at the beginning or end of either month?
The letter R
How is skew determined on a histogram?
Based on the tail of the graph.
What are the 3 parts of any loan?
Principal, interest, term
What does the 50/30/20 method mean?
50% needs
30% wants
20% savings
Which planet has the most moons in our solar system?
Saturn
I speak without a mouth and hear without ears. I have no body, but I come alive with wind. What am I?
An echo
You work at a company and are calculating assests after a 5% depreciation. The initial value was $309,873 and it has been 7 years since they were purchased.
$216,395.87
What type of insurance would cover a squirrel eating away your brake lines?
Comprehensive Coverage
Which retirement account is ONLY offered by your employer?
401k
In U.S. government, how many electoral votes are required to win the presidency?
270
What are the next three letters in this combination? OTTFFSS
E N T
Jackson pays a $224 premium for his auto insurance. He has a $25,000 coverage limit and a deductible of $750. He causes an accident that goes to court and he is charged with paying $32,459. How much will Jackson pay in total for the accident?
$8,209
What does APR stand for?
Annual Percentage Rate
What is the most important thing to remember when managing your credit score?
ALWAYS PAY YOUR DEBTS ON TIME
What literary device is used when a writer gives human qualities to non-human objects?
Personification
What number replaces the question mark in the sequence below?
7 8 5 5 3 4 4 ? 9 7 8 8
6-August