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Personal Finance Chapter 10

Authored by Geoff Olson

Life Skills

10th - 12th Grade

Used 70+ times

Personal Finance Chapter 10
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37 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money deposited by a saver:

principal

interest

discretionary income

liquidity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest paid on the principal plus interest already earned:

compound interest

annual percentage yield

maturity

liquidity

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A rate that includes compounding:

annual percentage yield

discretionary income

maturity

interest

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When your employer puts your paycheck into your bank account:

direct deposit

share account

discretionary income

savings

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Emergencies, weekend trips, and social events:

short-term needs

long-term needs

discretionary income

annual percentage yield

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Income left over after bills have been paid:

discretionary income

principal

saving

maturity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How easily it can be converted into cash:

liquidity

maturity

FDIC

principal

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