The interest payment of $800, with an interest rate of 4% for 3 years. Round to the nearest penny. (Be careful)
What is $96.00.
Compound interest formula
The two ways to make money investing in stocks (proper terminology matters)
What are capital gains and dividends?
Company sells its shares to raise money.
What is an IPO (initial public offering)?
You purchase $100 worth of a stock when it's priced at $20 per share. Two months later, you invest another $100 in the same stock, but this time it's priced at $50 per share.
What is your average cost per share across both purchases?
What is $28.57?
$4,000 invested for 45 years at 9.7% compounded annually.
What is 257,844.71
If you invest $4,000 for 5 years using simple interest and end up with $5,400, what was the annual interest rate?
What is 7%?
The price of using someone else's money.
What is interest?
interest that is computed on the sum of the original principal and any accrued (accumulated or earned) interest.
What is Compound interest?
The years it takes $5,000 to double at 8%. (Bonus if you give it to me in months).
What is 9 years? (What is 108 months?)
This relationship is based on the higher the risk of loss of principal for an investment, the greater the potential reward of an increase in the principal.
What is the "Risk/Reward" relationship?
An account where no interest is paid on the principal
What is "non-interest bearing"?
I make 10% in 2022. I lose 10% in 2023. What is my percentage difference, if any, starting 2024?
What is - 1%?
Can you calculate how much I'd have if I saved $5 a day for a year, then invested the total at a 9.9% annual return, compounded daily, for 49 years? Round to the nearest penny.
What is $233,206.01?
How many kids do the math department teachers have? (hint - there are nine teachers). Come within 1.5.
What is 16?