17. For this bellringer, please visit the link below and read the article. You may use this article for either article 4.3 or 4.4.

http://www.npr.org/blogs/money/2012/04/18/150909686/what-america-owes-in-student-loans?ft=1&f=1018



18. Do you have a 5, or even 10 year, financial plan? How about a 1 year plan? One month? A week?

http://www.npr.org/2012/05/01/151769754/when-are-you-going-to-start-your-5-year-plan?ft=1&f=1018

bellringers - 4.13.12

15. Most leases are _____________ leases that have a fixed residual value regardless of what the ______________ _________ of the car may be at the lease end.



16. Please type the definitions of residual value and mileage allowed.

bellringers - 4.11.12

13. What is the formula for Rate of Depreciation?



14. Please visit the link below. Once you are on the website, please read the article and be prepared to discuss it. (This would be a good article to use for article 4.2 as well.)

http://news.discovery.com/tech/smart-card-europe-120406.html

bellringers - 4.09.12

11. Did you track your spending over the break? If so, what method did you use?



12. If time were the commodity you purchased for the week of the break, what happened to your purchase  as each day of the week lapsed? 

bellringer - 03.23.12

9. What are the four methods used to calculate the property tax rate?



10. Please list six items which are covered by home owners insurance.

bellringer - 03.19.12

7. Homeowners insurance premium charges are rounded to the nearest ______.



8. Additional insurance that covers the possible loss of items such as computer systems, jewelry, and expensive entertainment is known as a _____.

bellringer - 03.15.12

5. To quickly divide by 100, move the decimal point two places to the _____; move the decimal point three places to the left to divide by ________.



6. For this bellringer, turn to page 233 in your reading material and locate the COMMUNICATION section. Read the prompt and write your response below.

bellringer - 03.13.12

3. For this bellringer, please visit and bookmark the link below.

http://www.khanacademy.org/#browse



4. Once you are on the site, browse through the topics at the bottom. Which of these has links to videos on many of the topics we cover in Math for Business?

bellringer - 03.08.12

1. What is the definition of depreciation?



2. What is the definition of equity?

bellringer - 03.06.12

This is the end of the 3rd 9-Weeks. For this bellringer, you need to finish and drop your bellringer 3 document (if you have not previously done so) and create your bellringer 4 document. The first bellringer of the 4th 9-Weeks will be on Thursday.

bellringer - 03.02.12

31. What is another term for rental agreement?



32. If you go out of town to college, do you feel it would be better to live in a dormitory, rent an apartment, or buy a house in which to live? Please explain your rational.

bellringer - 2.27.12

29. Mortgage Loan = Purchase Price - ______ ________



30. Cash Needed to Buy a Home = Down Payment + _______ _____

bellringer - 2.16.12

27. Samuel Morse invented a code that was the precursor to Binary Code. What is the name of this code?



28. Of what two components does this code consist? What two components make up Binary Code? Which two digits represent these components and are the building blocks of what we know as digital technology?

bellringer - 2.14.12

25. A store is selling a dozen roses bundled together for $12 for Valentine's Day. Don, however, would like to purchase only one rose for each of his five girlfriends. What is the unit price of a rose?



26. What is the subtotal of Don's purchase of 5 roses? What would the total cost of Don's purchase be if the sales tax in his state were 6%? Finally, what might one assume to be Don's middle name?

bellringer - 2.10.12

23. What is an extension (in regards to a sales receipt or invoice)?



24. Fill in the equivalent of the following.

16 oz  _____lb.
2,000 lb.  _____ T
12 in.  _____ ft
3 ft  _____ yd
2 pt  _____ 1 qt
4 qt  _____ 1 gal

bellringer - 2.8.12

21. What is the sales tax in the state of Kentucky?



22. A __________ is a partial total.

bellringer - 2.6.12

19. How many states have a statewide tax that is greater than 6.5%?



20. What are the formulas for: 1) sales tax and 2) Total cost of item?

bellringer - 1.31.12

17. According to your reading material of Chapter 5, in which year was the Internet born?



18. When examining the timeline on page 189, what do kbps, mbps, and gbps mean?

bellringer - 1.25.12

15. What is a typical percentage range of the fee that may be charged on a purchase from a business by a credit card company?



16. What is the name of a fee that you may be charged for transferring a balance of one credit card to another?

bellringer - 1.23.12

13. Which act governs that the lender must tell the borrower what annual rate is charged on the loan?



14. What does APR mean?

bellringer - 1.19.12

11. Why do you think the Rule of 78 finance charge method is considered unfair and illegal in 17 states?



12. Why might a bank be in favor of using such methods? In your opinion, is it good practice for a financial institution to fully explain the terms and systems they use to calculate interest and handle loan repayment?

bellringer - 1.17.12

9. What is an installment contract?



10. An installment loan usually is repaid with a plan that calculates each payment as the same. Please name this method.

bellringer - 01.12.12

7. For this bellringer, please complete the following poem.

Thirty days hath
September, April,
June and November.

All...



8. In a spreadsheet, please label the following.

A   -
4   -
A4   -
A1:A4   -
=A1-A4   - 

bellringer - 01.10.12

5. If lenders do not get some form of ______________, they tend to charger higher rates of _________.



6. What are the symbols used to calculate addition, subtraction, multiplication, and division in a spreadsheet program? Which symbol tells the program that a cells contents should be calculated as a formula?

bellringer - 01.06.12

3. What are the two types of interest methods?



4. What is the formula for calculating Rate of Interest?