Ch. 11 Test Review
Quiz
•
Other
•
9th - 12th Grade
•
Practice Problem
•
Medium
Lee Moen
Used 8+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The use of long-term savings to earn a financial reward is called.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the Rule of 72, if an investment of $5000 is yielding an average of 6%, it will take________years for that investment to be worth $10,000.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is typically the first stage of investing?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Maximization of return in the next five to ten years is the goal of which investment strategy?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of risk is caused by the business cycle.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All of the following are wise investment practices except
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A daily newspaper that provides detailed coverage of the business and financial world is
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