Finances
Time Value of Money
Credit
House Hunting
Your Teacher
100
This agency conduct's the nations monetary policy to promote max employment, stable prices & moderate interest rates.
What is the Federal Reserve?
100
This value is the current value for a future amount based on a certain interest rate and time frame.
What is Present Value
100
A card that electronically subtracts money from your savings or checking account.
What is a Debit Card
100
The site that provides a free credit report once a year.
100
The state in which your teacher was born
What is Kansas
200
Money that is left over after paying for housing, food and other necessities.
Who is Discretionary Income
200
This tax was created by the Federal Insurance Contributions Act (FICA) for federal government retirement benefits
What is Social Security
200
An arrangement to receive cash, goods or services now and pay for them in the future
What is credit
200
The length of time a Bankruptcy will show up on a credit report.
What is 10 years
200
The industry your teacher worked for in Michigan
What is the Automotive Industry
300
When making financial decisions, one follows the crowd.
What is Herd Behavior
300
This form is sent to employees and report annual earnings and amounts deducted for taxes
What is a W-2
300
An agreement that allows you to borrow money and repay with interest within a certain period of time
What is a loan
300
Money held to protect against damages to property.
What is a Security Deposit
300
The number of kids your teacher has.
What is 2.
400
An index that measures inflation in the United States
What is the Consumer Price Index
400
A series of equal deposits at equal intervals at a constant rate
What is an Annuity
400
Character, Capacity, Capital, Collateral and Conditions are part of this item
What is the 5 C's of Credit
400
A house bought at a lower price and have the time, skills and money to fix it up.
What is a Fixer-Upper
400
Another class your instructor commonly teaches.
What is Finance for Business
500
This is what is shown when you deduct liabilities from assets.
What is net worth
500
This occurs every year on April 15 in the United States
What is the tax deadline.
500
They obtain information from banks, finance companies, stores, credit card companies, and others and put into a report.
What is the Credit Bureau
500
Required on loans when less than 20% is put down on the purchase of a house.
What is PMI (Private Mortgage Insurance)
500
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