Most people spend a small fortune on a college education for book smarts - but when you get in the real world, you must also have street smarts!
Interest that is simple to understand
An interest rate that is a % of the principal borrowed and does not compound
Compound interest that is simplified by a calculator
A zero percent interest rate
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Compound
Simple
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My best guess
Flip a coin
Marginal analysis
Wing it, ready aim fire
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It's lending money to a company and expecting it to be paid back in full to you, plus the "coupon rate" (the stated interest rate)
It's a railroad term
It's a type of glue
It's a mix between ownership equity and a debt instrument
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An interest rate that compounds and complicates your life
An interest rate mothod that pays interest upon interest
A compound rate that is paid back early
A complicated problem in finance
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It means to own part of a livestock stockyard
It means you are part owner of a company by purchasing stock of the company
It means you loan money to the company, but are not an "owner"
It's just like a bond - you lend money and expect it to be paid back
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Economizing problem
Dismal science
Personal issues with money
Whining people who want something for nothing
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$1010
$1050
$1100
$1155
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The cost of opportunities in life
The cost of the "next best alternative I would do with my time or money"
The high cost of opportunistic living
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Money in the future is worth more
Money expected in the future, discounted at a % interest rate that equates it to present value, or "in today's dollars"
A Christmas present that is valued at high interest
Money in the present with interest added to get a future value
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Is the marginal benefit greated than the marginal cost?
Is the marginal input of labor greater than the marginal cost?
Is the marginal revenue from producing an extra unit greated than the marginal cost to produce that extra unit?
All the above
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Yes
No
I don't know
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$30,000
$80,000
$50,000
$20,000
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A dollar now
A dollar in the future
A dollar right between the current date and the specific future date
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Simple
Compound
Mixed
No interest rate
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Money
Resources
Interest rates
The science of making choices with limited resources
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Time value of money
Risk
Time preference for consumption
Greedy corporate lawyers
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$30,000
$50,000
$20,000
$80,000
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Richard Nixon
John F. Kennedy
Albert Einstein
Alan Greenspan
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Quiz Review Timeline (Updated): May 9, 2023 +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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