EVERFI
A bank account designed to earn interest on money deposited.
What is a Saving's Account?
A tax form that determines the amount of income tax owed in a single year.
What is a 1040?
Using your savings to earn more money
What is Investing?
The Blending of four (4) marketing elements; products, distribution, price, and promotion.
What is the Marketing Mix?
The quantity of a good or service that businesses are willing and able to provide.
What is Supply?
A type of bank account that allows withdrawals and deposits of your money.
What is a Checking Account?
A machine that allows you to deposit and withdraw money from your bank accounts with either a debit or credit card.
What is an ATM?
The amount earned on a specific amount of money
What is Simple Interest?
A specific group of customers that have similar wants and needs.
What is Target Market?
Things that you can see and touch.
What are Goods?
A payment card that allows you to make electronic purchases that debit the cost of the purchase directly from your checking account.
What is a Debit Card?
When money is withdrawn from a bank account (also known as ‘withdrawal’).
What is a Debit?
A business that operates conventionally rather than (or as well as) over the internet.
What are Bricks & Mortar?
What is a CEO?
Activities provided for the satisfaction of others that are consumed at the same time they are produced.
What are Services?
A type of savings account that stores your money for a pre-set period of time. You cannot withdraw money during that time without paying a penalty. CDs offer higher interest rates than most traditional savings accounts because your money cannot be withdrawn.
What is a Certificate of Deposit (CD)?
When money is added into a bank account (also known as a ‘credit’).
What is a Deposit?
A set amount of money earned per pay period. It is usually described as the amount of money made per year.
What is a Salary?
A person employed for wages or salary, especially at non executive level.
What is an Employee?
The quantity of a good or service that consumers are willing and able to buy.
What is a Demand?
An account that pays variable interest rate based on various government and corporate securities.
What is a Money Market Account?
This is the total amount of money earned before taxes and deductions are taken out of an employee’s paycheck.
What is Gross Pay?
Interest that is generated on money you put into an account plus the interest you make that money. In other words, with compound interest, you earn interest on your interest.
What is Compound Interest
The activity or profession of producing advertisements for commercial products or services.
What is Advertisement?
DOUBLE JEOPARDY!!!
The things available to be used to produce goods and services.
What are Economic Resources?