Savings and Investing Basics

Front

Which of the following describes the rate at which the general level of prices for goods and services rises? Liquidity, Interest, Inflation, Appreciation

Back

Inflation

Front

Which of the following is the act of buying an asset to generate returns over a period of time while also managing risk and volatility? Investing, Saving, Compounding, Evaluating

Back

Investing

Front

Which of the following is interest computed on the principal, excluding previously earned interest? Fixed interest, Compound interest, Variable interest, Simple interest

Back

Simple interest

Front

How much would $10,000 on deposit at a five percent annual compound interest rate for three years earn?

Back

$1,576.25

Front

Which of the following are intermediaries between buyers and sellers to facilitate security transactions? Insurance companies, Brokerages, Commercial banks, Investment banks

Back

Brokerages