Search Header Logo

Personal Finance Module 4 Review

Authored by Kelsey Gaetjens

Other

9th - 12th Grade

CCSS covered

Used 22+ times

Personal Finance Module 4 Review
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

31 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

A key difference between saving and investing is

Saving is for everyone, investing is for the wealthy

Your money is insured when investing, it is not in savings

Investing has a guaranteed return, savings does not

Saving is for emergencies & goals, investing is for long-term wealth

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

Why is compound interest more beneficial than simple interest? (hint: choose 2 correct answers)

Your money grows faster when it is compounded

You earn interest on your interest

Fees for compound interest are greater than simple interest

Compound interest is hard to calculate, so fewer use it

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Which would be considered the highest risk investment type?

Stock

Mutual Fund

Bond

Money Market Account

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

A diversified portfolio is desirable because

It limits investment choice

It's a good predictor on rate of return

It increases risk and return

It decreases risk

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Putting regular amounts of money into an investment account at specific time intervals is

Compound interest

Diversification

Dollar cost averaging

Inflation

Tags

CCSS.6.RP.A.3B

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Why is it important to start investing as soon as possible?

You take less risk when you are young, so money will be safe

You have more time for your money to compound

Investing is an easy way to make quick money

Fees on investments are cheaper when you are younger

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

True or False: Investing in a diversified portfolio of stocks guarantees you will not lose money.

True

False

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?