Chips
Crackers
Cheetos
Gold-phish
Dinosaurs
100
FICA
Bonus if you give me percentages.
Federal Insurance Contributions Act
SS - 6.2%
Medicare - 1.45%
7.65%
100
Number of shares outstanding x Share price
What is the Market Capitalization?
100
the amount you pay out-of-pocket for covered services before your insurance policy starts to pay.
What is a deductible?
100
Before going to the auto dealer to buy your car, what's the first thing you should do?
What is get pre-approved for a loan?
100
You lose 14% of your original investment. What percentage gain is required to return to your starting amount? Round to the nearest hundredth of a percent.
What is 14/86 = .16279 OR 16.28%
200
the amount you are charged to borrow money.
What is interest?
200
interest rate that changes based on the market
What is variable?
200
a type of short-term financing that allows consumers to make purchases and pay for them in a series of installments over time, typically without interest.
What is Buy Now Pay Later (BNPL)?
200
the amount of money you borrow from a lender
What is principal?
200
A large downpayment would increase, decrease, or not affect, your monthly auto payment:
What is decrease?
300
Payment history, credit utilization ratio, length of credit history, new credit, credit mix.
All these things can affect your
What is credit score?
300
Credit scores range from...(have to be exact)
What is 300 - 850?
300
how long you have to pay the money back
What is term?
300
the ratio of your credit card balances to your total credit limits.
What is Credit Utilization (Ratio)?
300
the three major credit bureaus in the United States that collect information about your loans, credit cards, payment history, and debts, and they use that information to create your credit report and credit score. (Name one).
What is Equifax, Experian, and TransUnion?
400
The standardized table you see on credit card disclosures that clearly lists all the key costs of a credit card (APR, fees, etc...)
What is a Schumer Box?
400
The process of paying off a debt in regular installments over a period of time is known.
What is amortization?
400
A loan that is backed by collateral.
What is secured?
400
A credit limit you can borrow from repeatedly.
What is revolving credit?
400
These are the three basic components that one considers when thinking about a loan.
What is principal, interest, term?
500
Percent of teens that say they rarely or never talk to an adult about their mental health (Come within 8%)
What is 64%?
500
In 2022, the latest data available, this is how many students attended school in Vermont (K–12). Come with in 20,000.
What is 92,000?
500
Percent of teenagers that say they learn the most about money from social media.
(Come within 10%)
What is 28%?
500
You borrow $800 for 12 days from Mr. Zilkha. The cost of the loan is a $12 finance charge plus a $3 processing fee. What is the APR? (Round to the nearest whole percent.)
= 57%
500
You start the billing cycle with a balance of $1,500.
On Day 10, you pay $500, leaving a balance of $1,000.
You make no other payments for the rest of the month.
The cycle has 30 days.
APR = 20%.
How much interest do you owe, to the nearest cent (give or take a penny).
$1,166.67*.01667 = $19.44