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Investments

Authored by Emily Patterson

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Investments
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11 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

When is Interest Paid out ??

At the end of the term

On Maturity Date

At the end of the month

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

How old do you have to be to open a TFSA ?

16

18

No age requirement

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

How Many RRSP plan types are there ?

2

6

7

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

To use an RRSP for first time home buyers plan how long do the funds need to be in the RRSP account ?

30 Days/ One month

90 Days

1 Year

No time frame

N

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

For first time home buyers what is the Maximum withdrawal limit per person ?

10 K

25K

35K

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

First time home buyers plan, how long do you have to repay ?

5 Years

10 Years

15 Years

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is the Minimum amount to fund a GIC ?

No Minimum

100

1000

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