Finance and Investment Concepts

Front

"The Fed" is short for:

Back

The Federal Reserve System

Front

A cash card generally:

Back

Is purchased with a specific amount of money that can be used to pay for goods or services

Front

A credit card finance charge is:

Back

The dollar amount it costs to use credit

Front

A factor that is likely to affect the market price of a stock is:

Back

Corporate profits

Front

A government report indicated that the use of Pax's aspirin-free painkiller resulted in 100 cases of stomach poisoning. A large number of Pax's stockholders are likely to:

Back

Sell shares causing the price of the stock to decline

Front

A high school student has begun to investigate the field of finance as a career choice. In deciding about the field, the student should focus on which question first?

Back

Will I find a balance between financial rewards and personal satisfaction from work?

Front

A type of electronic funds transfer (EFT) is:

Back

An ATM transaction

Front

An investor buys 100 shares of a common stock @ $36.00 a share. The stock is now selling at $ 38.00 a share. When deciding whether to hold or sell the stock, which factor is it important for the investor to consider?

Back

The commission charged for buying and selling the stock.

Front

Approximately, what is the annual finance charge for each $100 owed on a credit card with a 16% annual interest rate (APR)?

Back

$16.00

Front

Banks use savings account deposits to:

Back

Give loans to consumers and businesses