Savings
Authored by MATTHEW STEFFENS
Other
9th - 12th Grade
Used 224+ times
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19 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Most Americans have an emergency fund and money saved for retirement
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The power of compound interest works BEST the longer an investment is allowed to grow
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Commercial Banks offer more financial services than Credit Unions
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A savings account should be used for daily purchases
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A speeding ticket is an item that you would use money from an emergency fund for
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If your savings account rate is lower than the inflation rate -you will make money
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If you deposit $200 into a CD @ 1% for 3 years, how much simple interest will you earn ?
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