Highest Amount Of Money Won On Jeopardy

100

The value to which an investment grows to over a given period at a specific interest rate.

What is its future value?

100

This type of interest earns on increasing sums of principal and accumulated interest over time.

What is compound interest?

100

This is the approximate doubling time of an investment with an 8% interest rate.

What is9 years?

100

A loan that is paid off over 5 years would have this future value in TVM.

What is$0?

100

Annual stands for this many compounding periods per year.

What isone?

200

The amount paid each period towards an investment or a borrowed amount

What is a payment or deposit?

200

This is the term that specifically refers to the length of time for a mortgage agreement.

What is an amortization period?

200

This is the percentage form of 0.2

What is 20%

200

The formula (interest/principal) tells you this.

What is rate of return?

200

Quarterly stands for this many compounds per year.

What is four?

300

The schedule for how often money is to be deposited per year.

What is Payment Frequency?

300

This term refers to an interest rate guaranteed not to change over the duration of an investment or loan.

What is a fixed interest rate?

300

A vehicle that loses 20% of its value will still retain this much of it's original value.

What is80%?

300

This is the highest percentage GDSR that a bank will approve when buying a house.

What is 32%.

300

Credit cards almost always have this compound frequency.

What isdaily or 365/year?

400

A proportion of the principal amount that is charged for a loan, or gained for an investment.

What is the interest rate?

400

We use this word to describe a finished investment... Saying it has reached __________.

What is maturity?

400

If a house appreciates 4% over the span of 1 year, you could calculate that by multiplying its current value by this number.

What is 1.04?

400

The rule of 72 helps you quickly use an interest rate to solve for this.

What isdoubling time?

400

This is the name for compound interest that occurs 26 times per year.

What is bi-weekly?

(Note: semi-weekly is 2/week so 104/year)

500

The value today of an amount to be received in the future after interest has been gained for a period of time.

What is its present value (PV)?

500

We use this name to describe how often interest is gained over the span of 1 year.

What is compound frequency OR number of compounds?

500

This interest rate would cause an investment to double over 4 years.

What is18%?

500

GIC stands for this.

What is Guaranteed Investment Certificate?

500

It is the law in Canada that mortgages have this compound frequency.

What is semi-annual/bi-annual OR 2/year?

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