NEFE 1
Each letter in SMART goals
What is Specific Measurable Attainable Relevant Time Bound?
The ability to borrow money with the promise of repaying it later
What is credit?
Any government system that provides monetary assistance to people with an inadequate or no income.
What is Social Security?
The currency of the US
What is the US Dollar?
The BN S-2
Who is c/1lt Vincent Lei?
Known but irregular payments
What are variable expenses?
I = PxRxT
What is simple interest rate formula?
Combining multiple federal loans into a single loan with monthly payments
The amount of cents equivalent to a $10 bill
Dimensions of a garrison flag
20x38ft
Known as what you give up for a decision (a type of cost)
What is opportunity cost?
Agrees to repay debt if you don't
What is a cosigner?
The total amount of money you make
What is gross pay?
a simple way to measure the total value of all finished goods and services produced within a country's borders in a specific period, usually a year (GDP)
What is Gross Domestic Product?
a horizontal angle, typically measured clockwise from north, indicating the direction of an object or point relative to a reference point (orienteering)
What is a back azimuth?
Wanting to be satisfied immediately
The 5 C's of Credit
What are Capital, Capacity, Character, Collateral, and Conditions?
A type of document that employees fill out to tell their employers how much money they should withhold from a person’s paycheck for federal income taxes.
What is a W-4?
The country with the largest GDP
What is the United States of America?
Who are C/maj Josue Farfan and Tyler Baker?
Saving a stash of money for future purposes such as emergency use, unexpected plans which happen
What is Pay Yourself First?
A=P(1+r/n)^(nt)
What is compound interest formula?
Paid a percentage of what you have been able to sell
What is a commission?
a retirement savings plan offered by employers (3 numbers and a letter)
What is a 401k?
Who is C/COL Tiffany Li