Definitions
If you have $100 and you earn 5% interest, how much money will you have after 1 year?
What is $105?
The action or process of spending money with the expectation of making more money?
What is Investment?
Name 3 things you will have to save up for in the future that we mentioned in class?
What is home, food, cars, insurance?
Name three types of different insurances
What is home, auto, and life insurance?
If you have $1,000 and you earn 7% interest each year how much money will you have after 1 year?
What is $1,070?
Name 4 companies that you can invest in
What is Disney, McDonalds, Amazon, Ebay, and more!
What is it called when the general level of a price of an items increases?
What is inflation?
The money you earn when you keep your money in the bank
What is interest?
If you have $1,000 and you earn an interest rate of 4%, how much money will you have after 2 years?
What is $1,080?
What is one of the two stock exchanges in the United States?
What is What is New York Stock Exchange, NASDAQ (National Association of Securities Dealers Automated Quotations) - Online, No real office
Borrowing money to pay for a house is called
What is a mortgage?
Term used when giving (money or goods) for a good cause
What is donating?
If you invest $1,000 with an interest rate of 5% each year, how much profit will you earn after 5 years?
What is $250?
The market in which shares of publicly held companies are issued and traded either through exchanges or over-the-counter markets
What is the stock market?
This is a method of payment used to buy things now that you agree to pay for later.
What is a credit card?
The capital raised by a business or corporation through the issue and subscription of shares
What is stocks?
If you want to earn $120 how many years will it take you to earn $120 with an interest rate of 5% and an initial deposit of $100?
What is 4 years?
Name the four ways that you can handle your money
What is spending, saving, investing, donating?
What is a charge against a citizen's person or property or activity for the support of government?
What is tax?
Name 4 things that taxes are used for?
(You can wager up to your current total on this question)
Schools, Libraries, Roads, Emergency Departments and much more!