Banking Practices
This type of Bank Account allows you to make deposits and withdrawals
What is a Checking Account
This is a bank interest account that locks your deposited money and pays you a small percentage rate for a 5, 10, or 15-year term.
This is the exponential concept used when Bacteria spreads fast in extreme heat
What is Exponential Growth
This company is currently a US leader in E-commerce Business Marketing
What is Amazon
This concept represents both the Fixed Costs and the Variable costs
What is Total Cost
It is a term used to calculate the percentage amount you are charged based on your credit score
What is Interest
This type of bond purchase if held for 7 years will give you double your money from the US Treasury.
What is the EE US Savings Bond
50(.05)^5 is an example of what type of exponential function
What is Exponential Decay
This term is use to represent sales income for businesses
What is Revenue
The dollar amount that represents 125 items sold at a price of $40 for each item
What is $5000
The amount left a 30% withdrawal from $1200 dollars
This is the amount of money you will earn if you deposit $3000 at 1.5% Simple Interest for 5 years
What is $225
This is the term used when the isotope Uranium decays over several years.
What is Half-life
This is the term used to show at what point the Total Cost and the Revenue are the same
This "margin" shows the increase in sales to generate Revenue after the Break-even cost
This is the end balance of two checks deposited for $500 dollars and a withdrawal of $425 dollars is taken.
What is $575.
This is the term used when you get charged interest upon interest on your principal loan.
This term is used for "steady decline" in a new car value
What is Depreciation
What is the term used to draw customers to purchase goods and products called
What is Advertising
Calculate the number of items needed to sell that would generate a revenue of $3000, when each item cost $15.00
What is 200
This is a type of credit card that gives you cash back or points when you make major purchases.
What is a Rewards Credit Card
This is the total amount of money you will pay back when you borrow $5000 at 7.75 percent Simple Interest for 10 years.
What is $8,875.00
Calculate the second-year value of a New Car with a Purchase Price of $32,350 with a 15% depreciation value after the first year.
What is $27,497.50
What is the word that describes an "increase in price" to the customer over the actual cost
What is MarkUp
How much many can be generated in sales when 550 items are sold for $85.
What is $46,750