PF U8 Diversifying My Future  Test

PF U8 Diversifying My Future Test

Assessment

Flashcard

Other

12th Grade

Practice Problem

Medium

Created by

Wayground Content

Used 1+ times

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55 questions

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1.

FLASHCARD QUESTION

Front

What is the approximate doubling time for an investment earning a 6% annual interest rate, according to the Rule of 72?

Back

12 years

2.

FLASHCARD QUESTION

Front

What is investing?

Back

Using long-term savings to earn a financial return.

3.

FLASHCARD QUESTION

Front

What is one of the main objectives of the Wall Street Reform Act?

Back

To prevent another financial crisis by increasing regulation of the financial industry

4.

FLASHCARD QUESTION

Front

What is inflation?

Back

A rise in the general level of prices

5.

FLASHCARD QUESTION

Front

How does investing help beat inflation?

Back

By growing faster than the inflation rate

6.

FLASHCARD QUESTION

Front

What is an investment portfolio?

Back

A collection of investments

7.

FLASHCARD QUESTION

Front

What is investment risk?

Back

The chance that an investment’s value will decrease.

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