APR
annual percentage rate
is one of the most common types of interest
simple interest
what is the rule of 72?
a quick formula for estimating how long it will take an investor to double their money
romans capped interest rates at what percent?
eight percent
what is the capital of Hawaii?
Honolulu
interest is usually expressed as a ___?
percentage
can interest rates make you a millionaire?
yes
Is defined as the _____ ____ earned over a year taking compound interest into effect.
Interest rate
Can be affected by the amount of money in an account.
Interest Rates
who made the song everlong?
Foo fighters
What is obtained by loaning money to the government?
Government Bonds
Is used to determine interest earned through most savings accounts at banks
Simple interest
APY stands for?
Annual Percentage Yield
What Regulates financial institutions, manages the nation's money and influences the economy?
Federal Reserve
What is the largest land animal on the planet?
African Elephant
are generally considered a low-risk, low-return investment
certificates of deposit
A = P(1+ R/N)nt is the formula for which type of interest
compound interest
Should only be used as a tool to estimate
what is certificates of deposit
savings investments where the individual invests a set amount of money.
pay back the money invested in set intervals, such as every month, plus interest
How can a girl go 25 days without sleep?
She sleeps at night
uses interest rates to attract new customers
Banks
I = P x R x T
interest earned=principal x rate x time
If the investor earns eight percent: 72/8+=9, so it will take approximately _____ _____ for the investors to double his/her money.
Interest stayed unpopular until the ____ _______?
18th century
there is only one of its kind currently in the world ad is close to 3 million dollars and is almost entirely carbon fiber. what car is this?
Apollo intensa emozione evo