Car and Stock Test Review

A portion of a company that can be bought and sold on the stock market.

• Share of a Stock

• Stock Option

• Price of a Stock

• Helicopter

Car insurance that pays for other people's cars if you cause an accident.

• Comprehensive Car Insurance

• Property Damage Insurance

• Bodily Injury Insurance

• Helicopter

The monthly or yearly payment that customers pay for insurance.

• Premium

• Expense Quota

• Policy

• Helicopter

How much would it cost to get 15 shares of a stock that costs $2.85?

• $45.08

• $15.05

• $42.75

• Helicopter

Brenda's bank offers car financing for 3, 4, or 5 years.  If Brenda chooses 5-year financing, how many monthly payments will she have?

• 60
• 48
• 36
• 12

Selling price: $320,000.

Down payment: 20 percent.

How much is the Down Payment?

• $256,000

• $64,000

• $7.46

• $1,909.76

What is this thing?

• Premium

• Comprehensive Car Insurance

• Deductible

• Helicopter

Not having all your stocks in one industry (airlines, food, etc) is called

• Portfolio

• Trading

• Diversifying

• Directing

Car Insurance

• Fixed Expense

• Variable Expense

Car Payment

• Fixed Expense

• Variable Expense