CM Fall Review #2 (Ch 4&5)

Front

What is the formula for compound interest?

Back

A = P(1 + r/n)^(nt), where A is the amount, P is the principal, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years.

Front

Define 'native advertising'.

Back

Native advertising is a form of paid media that matches the form and function of the platform on which it appears, often blending in with the content.

Front

What are the three main factors that affect a credit score?

Back

1. Type of debt 2. New debt 3. Duration of debt.

Front

What is a credit report?

Back

A credit report is a detailed report of an individual's credit history, including credit accounts, payment history, and credit inquiries.

Front

What is a FICO Score?

Back

A FICO Score is a three-digit number that summarizes an individual's credit history, used by lenders to assess credit risk.

Front

How do you calculate the total amount in an account after 20 years with a principal of $10,000, an interest rate of 5.2%, compounded weekly?

Back

Total amount = $28,277.47.

Front

What is the difference between 'content marketing' and 'native advertising'?

Back

Content marketing focuses on creating valuable content to attract and engage an audience, while native advertising is paid content that matches the platform's format.

Front

What is the purpose of retargeting in advertising?

Back

Retargeting aims to re-engage users who have previously interacted with a brand or product, encouraging them to return and complete a purchase.

Front

Explain the term 'debt snowball'.

Back

The debt snowball is a debt reduction strategy where you pay off debts from smallest to largest, gaining momentum as each balance is paid off.

Front

What is the significance of a cash flow statement?

Back

A cash flow statement provides a summary of cash inflows and outflows over a specific period, helping assess a company's liquidity.