Definitions
Math Questions
Investment
Spending
100
A place that keeps your money where you can earn interest?
What is a bank?
100
If you have $100 and you earn 5% interest, how much money will you have after 1 year?
What is $105?
100
The action or process of spending money with the expectation of making more money?
What is Investment?
100
Name 3 things you will have to save up for in the future that we mentioned in class?
What is home, food, cars, insurance?
200
Name two types of different insurances
What is home, auto, boat, and life insurance?
200
If you have $1,000 and you earn 7% interest each year how much money will you have after 1 year?
What is $1,070?
200
Name 4 companies that you can invest in
What is Disney, McDonalds, Amazon, Ebay, and more!
200
What is it called when the general level of a price of an items increases?
What is inflation?
300
The money you earn when you keep your money in the bank
What is interest?
300
If you have $1,000 and you earn an interest rate of 4%, how much money will you have after 2 years?
What is $1,080?
300
What is one of the two stock exchanges in the United States?
What is What is New York Stock Exchange, NASDAQ (National Association of Securities Dealers Automated Quotations) - Online, No real office
300
Borrowing money to pay for a house is called
What is a mortgage?
400
Term used when giving (money or goods) for a good cause
What is donating?
400
If you invest $1,000 with an interest rate of 5% each year, how much profit will you earn after 5 years?
What is $250?
400
The market in which shares of publicly held companies are issued and traded either through exchanges or over-the-counter markets
What is the stock market?
400
What is it called when you take money from the bank in order to purchase a vehicle, boat, house?
What is a loan?
500
The capital raised by a business or corporation through the issue and subscription of shares
What is stocks?
500
If you want to earn $120 how many years will it take you to earn $120 with an interest rate of 5% and an initial deposit of $100?
What is 4 years?
500
Name the four ways that you can handle your money
What is spending, saving, investing, donating?
500
What is a charge against a citizen's person or property or activity for the support of government?
What is tax?
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