Math of Finance Bench Mark Dec 2019

Investment companies do not charge management fees.

• True
• False

Most mutual fund companies offer several different types of funds.

• True
• False

Growth funds are usually considered safe and pay regular fixed dividends.

• True
• False

What fund attempts to reduce risk while maintaining income and growth?

• growth fund
• income fund
• bond fund
• balanced fund

What fund invests in short-term securities to preserve liquidity?

• money market
• index
• global
• balanced

When making a budget, a person’s needs should come before their wants.

• True

• False

Math is used in everyday life and not just in the classroom.

• True

• False

According to the following tax bracket, which category would you fall in if you made $72,000?

$0-$10,000- 2%

$10,000- $50,000 – 15%

$50,000- $70,000 – 20%

$70,000- $105,000- 35%

• 35%

• 2%

• 15%

• 20%

Ace’s car holds 23 gallons of gas. If gas is $3.49 per gallon, how much will it cost Ace to fill up his car?

• $80.27

• $26.49

• $27.80

• $50.78

Tags

CCSS.7.EE.B.3

If your monthly totals for your budget are more than your actual monthly income you are considered ______________ budget.

• over

• under

• on

• within