Investing and Saving
Flashcard
•
Other
•
11th - 12th Grade
•
Practice Problem
•
Hard
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30 questions
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1.
FLASHCARD QUESTION
Front
The New York Stock Exchange is where trading is done through a network of investment companies
Back
False
2.
FLASHCARD QUESTION
Front
A ________________ bond is one that can be converted into a predetermined amount of the company.
Back
Convertible
3.
FLASHCARD QUESTION
Front
___________ accounts work like a checking account, but with limited withdrawals. Pays a higher rate of interest than savings accounts and the interest rate can vary while the money is deposited.
Back
Money Market
4.
FLASHCARD QUESTION
Front
The time value of money can best be explained using which of the following concepts? Options: The risk-to-return relationship, The "pay yourself first" philosophy, Make your money work for your, Time, money, and rate of interest relationship
Back
Time, money, and rate of interest relationship
5.
FLASHCARD QUESTION
Front
Bonds or bills issued by the U.S. Government
Back
Treasury Issues
6.
FLASHCARD QUESTION
Front
What approximate interest rate would an investor need to earn in order to double the value of an investment in six (6) years?
Back
12%
7.
FLASHCARD QUESTION
Front
Who will have the larger mutual fund balance in 20 years if Monica adds $500.00 annually for 10 years and Mason invests $5,000.00 after 10 years, both earning a 7% return?
Back
Monica
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