Chapter 3 Review: Saving Money
Authored by James Blahnik
Business
9th - 12th Grade
Used 37+ times
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An investment's ________ is its percentage gain or loss over time.
Compound Growth
Rate of Return
Interest Rate
Compound Interest
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_________ is the average rate of growth for an investment over a period of time.
Time Value of Money
Large Purchase
Compound Growth
Rate of Return
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The price of goods and services increases over time due to ________.
Rate of Return
Interest Rate
Compound Interest
Inflation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The initial amount of money you deposit or invest is called the:
Emergency Fund
Accrued Interest
Principal
Time Value of Money
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You save for a(n) ________ when you don‘t have the cash to buy it now.
Principal
Time Value of Money
Large Purchase
Compound Growth
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________ deals—such as 90-days-same-as-cash—are often used to get you to buy higher-priced items.
Rate of Return
Interest Rate
Compound Interest
Inflation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The _______ refers to the earning potential of money.
Time Value of Money
Large Purchase
Compound Growth
Rate of Return
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