Kumor/Yeates
What is Mr. Kumor's first name?
Tristan
What is a stock called that pays a dividend?
Income Stock
What are two ways you can increase your credit score?
Pay back on time, don't borrow too much money
If you place a $1 wager and the odds are at 10:1, then how much will you win if you win the bet?
$10
We had 2 guest speakers come in to talk about running a business. What business did they own?
Dunkin
How tall is Mr. Yeates?
6'-5''
What is the S&P 500?
List of the 500 largest companies by market cap
If you take longer to pay back a loan what happend to the monthly payment and what happens to the total interest paid?
M.P. goes down and Interest gows up
You roll a standard 6-sided die, then flip a coin.
What is the probability of rolling an even number and getting tails?
3/12 or 1/4
What is the formula for calculating profit?
Revenue - Costs
What state was Mr. Yeates born in?
Utah
An investment account called an I.R.A stands for what?
Individual Retirement Account
What is PMI? Who has to pay it
Primary Mortgage Insurance. Under 20% down payment
A drawer contains 3 white, 2 black, and 1 gray t-shirt. You randomly pick two t-shirts without replacement.
What is the probability that both shirts are black?
2/30 or 6.6%
What is a break-even point?
When Revenue = Costs
What state was Mr. Kumor born in?
Florida
What is the metric that measures how volatile a stock is?
BETA
What is a typical interest rate on a credit card?
20-30%
The odds of winning the lottery are 1/40,000,000,000 Tickets cost $2 and the payout is $526,000,000. What is the expected value of playing?
.01315 + (-1.99999999995) =
$-1.87
What teachers came to judge our small business projects?
Mrs. Young
Mr. Fanelli
Mr. Marzullo
What High School does Mr. Yeates daughter attend?
Naperville North
What is a penny stock?
A stock sold for under $1
How many years does something stay on your credit report?
7 years
There are 38 spaces on a roulette wheel. The numbers 1-36, 0, and 00. What is the expected value of betting $100 on red?
-$5
What is the difference between a private company and a public company>?
Public companies can be purchased in stock