EPF Unit 8 - Test Review
Flashcard
•
Social Studies
•
9th - 12th Grade
•
Practice Problem
•
Hard
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42 questions
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1.
FLASHCARD QUESTION
Front
Provides protection against a possible negative eventuality (illness, accident, etc.)
Back
Insurance
2.
FLASHCARD QUESTION
Front
Money paid to an insurance company for a policy.
Back
Premium
3.
FLASHCARD QUESTION
Front
Amount you must pay before your insurance covers expenses.
Back
Deductible
4.
FLASHCARD QUESTION
Front
The addition of interest to the principle of a loan or deposit; interest on interest.
Back
Compound Interest
5.
FLASHCARD QUESTION
Front
A managed portfolio of diversified stocks and bonds.
Back
Mutual Fund
6.
FLASHCARD QUESTION
Front
Amount of time needed to double one's investment
Back
Rule of 72
7.
FLASHCARD QUESTION
Front
What is it called when the stock market rises for a period of time?
Back
bull market
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