Definitions
Math Questions
Investment
Spending
100
What is a place that keeps your money where you can earn interest?
What is a Bank?
100
If you have a $100 and you earn 5% interest, how much money will you have after 1 year?
What is $105?
100
What is 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, Child, Insurance?
200
Name two types of different insurances?
Life, Auto, Home, Boat
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
What is the market in which stocks are issued and traded called?
What is the Stock Market
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? (interest is compounded yearly)
What is $1,080?
300
What is one of the two stock exchanges in the United States?
What is New York Stock Exchange, NASDAQ (National Association of Securities Dealers Automated Quotations) - Online, No real office
300
If you have to take money out of the bank for a house, what is this term called?
What is a Mortgage?
400
What describes the willingness to promote the welfare of others by donating money and time to good causes?
What is philanthropy
400
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?
400
What is 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
What is the capital raised by a business or corporation through the issue and subscription of shares?
What are Stocks?
500
If you put $100 in a bank that gives you 7% interest, how much will you have in 4 years?
What is 131.08?
500
Name the four ways that you can handle your money?
What is spend, save, invest and donate?
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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