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Please select a Team.
25%
25%
25%
25%
1. Team Bling2. Team Benjamins
3. Team Swaggadelic4. Team All Dat
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Talk like aBanker MoneyMath Bet TheStore BuildingBig Bucks
Ill Gladly
Pay YouTuesday
200 200 200 200 200
400 400 400 400 400
600 600 600 600 600
800 800 800 800 800
1000 1000 1000 1000 1000
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Talk like a Banker200 Points
The fee charged for the use of money.
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Answer
Category Selection
25%
25%
25%
25% 1. Debt
2. Principal
3. Interest4. Deposit
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Talk like a Banker400 Points
Money that is legally owed to
another individual or business
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Answer
Category Selection
25%
25%
25%
25% 1. Debt
2. Principal
3. Interest
4. Deposit
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Talk like a Banker600 Points
The original amount of money that is
loaned or borrowed (used to calculateinterest).
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Answer
Category Selection
25%
25%
25%
25% 1. Debt
2. Down-payment
3. Interest-Bearing Account
4. Principal
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Talk like a Banker800 Points
The periodic charge, expressed as a
percentage, for the use of someoneelses money.
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Answer
Category Selection
25%
25%
25%
25% 1. Period
2. Compounding3. Amortization
4. Interest Rate
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Talk like a Banker1000 Points
The process where interest that is
calculated becomes part of the principalfor the next interest calculation.
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Answer
Category Selection
25%
25%
25%
25% 1. Compounding
2. Debt
3. Finance Charge
4. Periodic Charge
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Money Math200 Points
How much will you have in 1 year if
You deposit $1,000.00 at 8%(simple interest)
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Answer
Category Selection
25%
25%
25%
25% 1. $ 80.00
2. $ 1,008.00
3. $ 1,080.00
4. $ 1,800.00
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Money Math400 Points
What is the monthly periodic
interest rate if the annual rate is18.00%
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Answer
Category Selection
25%
25%
25%
25% 1. 1.00%
2. 0.0018
3. 15.00%4. 1.50%
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What percentage of your currentpoints would you like to wager on the
next question?
1. 0%
2. 25%3. 50%
4. 75%
5. 100%6.
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Money MathDaily Double
Using the Rule of 72, how long will it
take for a $10,000 deposit to become$20,000 at 3.0%
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Answer
Category Selection
25%
25%
25%
25% 1. 20 years
2. 36 years
3. 36 months
4. 24 years
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Money Math800 Points
Josie borrows $1,000 at 6.0% andhas a $80 dollar monthly payment.
How much would she owe after shemakes her first payment?
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Answer
Category Selection
25%
25%
25%
25% 1. $ 925
2. $ 9953. $ 1,005
4. $ 920
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Money Math1000 Points
You deposit $10,000 in a savingsaccount for 3 months and when you
withdraw the money you get$10,250. What was the Annual
Percentage Rate?
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Answer
Category Selection
25%
25%
25%
25% 1. 2.50%
2. 5.00%
3. 10.00%
4. 25.00%
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Bet the Store200 Points
The Cost of Goods sold is
calculated using this.
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Answer
Category Selection
25%
25%
25%
25% 1. The Margin on Inventory
2. The Total Amount Spent on
Inventory
3. The Revenue on the ProductsSold
4. The Amount Spent to Purchasethe Products that were sold
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Bet the Store400 Points
Rent, Wages, Radio Commercials,Billboards . . .
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Answer
Category Selection
25%
25%
25%
25% 1. Are expenses.
2. Are liabilities.
3. Are revenue.4. Are profit.
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Bet the Store600 Points
Profit (or loss) for the week is in
listed on . . .
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Answer
Category Selection
25%
25%
25%
25% 1. The Paystub
2. The Balance Sheet3. The Income Statement
4. The Purchase Order
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Bet the Store800 Points
The amount added to the cost of a
product for sale.
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Answer
Category Selection
25%
25%
25%
25% 1. Expense
2. Margin
3. Profit
4. Revenue
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Bet the Store1000 Points
The act of buying items to sell is called
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Answer
Category Selection
25%
25%
25%
25% 1. Staffing
2. Merchandising
3. Purchasing
4. Pricing
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Building Big Bucks200 Points
A place where your money WONT
grow because of interest
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Answer
Category Selection
25%
25%
25%
25% 1. A Credit Union
2. A Bank
3. A Savings and Loan
4. Under a Mattress
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Building Big Bucks400 Points
If you saved $11.00 per day for 40 years(at 8% interest), how much money would
you have in the Bank?
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Answer
Category Selection
25%
25%
25%
25% 1. $ 250,000
2. $ 500,000
3. $ 1,000,000
4. More than Oprah Winfrey
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Building Big Bucks600 Points
Which of the following is NOT anInterest-Bearing Account
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Answer
Category Selection
25%
25%
25%
25% 1. Checking Accounts
2. Money Market Accounts
3. Certificates of Deposit4. Savings Accounts
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Building Big Bucks800 Points
In order to know exactly how much youwill earn on your deposit in a savings
account, you need to know . . .
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Answer
Category Selection
25%
25%
25%
25% 1. Interest rate, fees, principal
2. Principal, withdrawals, deposits
3. Interest rate, principal, time
4. Deposit, interest charges, rate
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Building Big Bucks1000 Points
Most millionaires
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Answer
Category Selection
25%
25%
25%
25% 1. Were born rich.
2. Date Super Models.
3. Are big time corporate CEOs.
4. Have a College Education.
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I'll Gladly Pay You Tuesday .. .200 Points
When you borrow money, you will pay. . .
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Answer
Category Selection
25%
25%
25%
25% 1. Fees and Interest charges
2. Principal only
3. Interest only4. Principal, Interest
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I'll Gladly Pay You Tuesday .. .400 Points
Banks make their money by. . .
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Answer
Category Selection
25%
25%
25%
25%1. Borrowing at a low rate and
lending at a high rate.
2. Offering Interest-BearingAccounts
3. Lending at a low rate to manypeople.
4. Having their ATM machinebreak down.
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I'll Gladly Pay You Tuesday .. .600 Points
The Interest rate charged by the
bank for borrowed money isdetermined by. . .
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Answer
Category Selection
25%
25%
25%
25% 1. Amount and Collateral
2. Credit Score and Fees
3. Time & Risk of Default (non-payment)
4. Collateral and Character
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What percentage of your currentpoints would you like to wager on the
next question?
1. 0%
2. 25%
3. 50%
4. 75%
5. 100%6.
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I'll Gladly Pay You Tuesday .. .Daily Double
The PIR =
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Answer
Category Selection
25%
25%
25%
25% 1. AP x R
2. AR x P
3. P / AR
4. AR / P
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I'll Gladly Pay You Tuesday .. .
1000 Points
You have a credit card balance of$1,000. The minimum monthly paymentdue is 3% of your balance. The interest
rate is 18% annually. How much of yourminimum payment is going to Interest
Charges?
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Answer
Category Selection
25%
25%
25%
25%
You have a credit card balance of $1,000. Theminimum monthly payment due is 3% of your
balance. The interest rate is 18% annually. Howmuch of your minimum payment is going to InterestCharges?
1. 10%
2. Half
3. About 6%
4. $ 9.00
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Team Scores
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