Fin. Lit Final - True/False

Fin. Lit Final - True/False

11th Grade

25 Qs

quiz-placeholder

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Fin. Lit Final - True/False

Fin. Lit Final - True/False

Assessment

Quiz

Other

11th Grade

Easy

Created by

Kristi Paskey

Used 121+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rate of return matters when it comes to compound interest.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Diversification means to spread around.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Once you have a fully-funded emergency fund, baby step 2 is to put 10% of your income into retirement plans.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A stock is an investment that represents a share, or partial ownership, of a company.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You do not need renter’s insurance if you live in a dorm at college.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Increasing your deductible usually decreases the premium.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Pre-authorized checking helps to build discipline in savings.

True

False

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