This type of institution gives customers the ability to hold accounts like savings, checking, and personal loans.
What is a bank?
100
This is usually given as a result of participation in extra work or class material in order to improve one's grade.
What is extra credit?
100
Often associated with snow, this term is what happens when money is left alone in an account and added to consistently.
What is accumulate?
100
This type of loan is very common and allows consumers to buy things such as vehicles.
What is a personal loan?
100
This type of legal tender was issued during the American civil war of the mid 1800's. It was not backed by silver or gold, but only by the united states government.
What is a green back?
200
This is an organization that specializes in helping people place their money into stocks, bonds, and mutual funds in order to help it grow.
What is what is an investment brokerage?
200
The number assigned to a person to help financial institutions determine the level of risk associated with lending money to individuals.
What is credit score?
200
This term stated in numerical form is important when determining an accounts potential for growth over time.
What is an interest rate?
200
These types of loans allow a person or business to borrow money and only pay back interest charges until the loan is paid off.
What is an interest only loan?
200
90% of US currency carry traces of this illegal substance.
What is cocaine?
300
This organization loans out large sums of money in order to help people purchase homes.
What is a mortgage company?
300
This is a product used by depositing money to a company up front as a source of credit that can be used and paid off each month to help people build their financial credibility. Upon cancelling the account the depositor typically receives their funds back in full.
What is a prepaid credit card?
300
This account is often added to and matched by employers from an employees paycheck before taxes are taken out in order to save for retirement.
What is 401k or 403b?
300
This loan type allows for very small payments for a number of years, delaying the principal amount payoff until one large payment at the very end.
What is balloon payment loan?
300
There's 10$ in your pocket and you have no debts outstanding. You are officially wealthier than this percentage of Americans.
What is 25%?
400
Known as the financial authority of a country, this institution is known for its ability to control interest rates and print a countries legal tender.
What is the federal reserve?
400
This type of credit is usually associated with credit cards and other personal loans that can be paid of month to month.
What is revolving credit?
400
This is the type of interest that allows an account to grow more efficiently and is usually not taxed until then end of a lengthy term.
What is compound interest?
400
When a homeowner owes less to the bank than what the house is worth, they can open on of these as a source for home improvement or extra cash if needed.
What is a home equity line of credit?
400
This woman was the only female to ever appear on US paper currency in the 1880's.
Who is Martha Washington?
500
Southern Indiana is home to one of these 12 districts of the Federal Reserve.
What is district 8?
500
Credit is derived from the Latin word "credere", meaning this.
What is "to believe"?
500
This unique thumb rule can be applied as a shortcut when determining how long it will take for an amount of money to double, given its current interest rate.
What is the rule of 72?
500
Usually associated with higher education costs, this type of loan allows for a 6 month "grace" period before payments begin.
What is a Stafford Loan?
500
This country was the first to make and use paper currency around the year 1400 BC.