This explorer is credited with discovering America in 1492, though he thought he had reached Asia
Christopher Columbus
This protection means the government must follow fair legal steps before taking away someone’s rights.
Due Process
This force keeps planets in orbit around the sun.
Gravity
This financial principle states that a dollar today is worth more than a dollar tomorrow.
Time Value of Money
If you buy something for $8.50 and pay with a $10 bill, how much change do you get?
$1.50
The 13 original colonies were ruled by this European country.
Great Britain (or England)
This branch of government carries out the laws.
executive branch
The basic unit of life in all living organisms.
cells
This rule says a firm should accept a project if the present value of future cash flows exceeds the initial cost.
NPV
What is 20% of 85?
17
This ancient civilization built pyramids and used hieroglyphics.
Ancient Egypt
This right lets Americans speak freely, follow any religion, and talk to the government.
First Amendment
This organ system is responsible for transporting blood throughout the body.
What is the circulatory system?
This concept explains that debt creates a tax benefit due to interest deductibility, increasing firm value under certain conditions.
interest tax shield
What is the average of 60 and 80?
70
This trail was used by pioneers traveling west across the U.S. during the 1800s.
Oregon Trail
This document, signed in 1215, limited the king's power and helped inspire ideas about rights and law in the U.S. Constitution.
Magna Carta
What gas do humans breathe in from the air that is necessary for survival.
Oxygen
This valuation method estimates a firm’s terminal value using a perpetuity formula based on long-term growth and the discount rate.
Gordon Growth Model (or perpetuity growth method)
If a shirt costs $30 and there’s a 10% sales tax, how much will you pay in total?
$33
This empire in South America was conquered by the Spanish and is known for its mountain cities like Machu Picchu.
Inca Empire
This idea means that people have the power to choose their leaders through voting.
popular sovereignty
This is the phase of matter that has no fixed shape or volume and spreads out to fill any space.
Gas
This method adjusts for a company’s leverage when calculating beta for use in CAPM, often using peer comparables.
unlevering and relevering beta
If 2x + 5 = 27, what is x²?
121