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Saving and Investing

Authored by Kevin Doherty

Business

9th - 12th Grade

Used 5+ times

Saving and Investing
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35 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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A mutual fund is 

An investment in a diversified group of stocks
The money left over when reinvested into the company
An account that guarantees a fixed rate of return
Exclusively for retirement accounts

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Which is the least risky?

Stock
CD
Savings account
Mutual fund

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Don't put all your eggs in one basket best refers to which of the following pieces of advice

Diversify your stock portfolio in order to reduce risk
Invest in a single stock for the largest gain
Take out as many loans as you can
Don't hesitate when buying stocks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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A corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets is considered

Privately held
Publicly held
Stocked up
A stock exchange

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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When you take out a mortgage, what are you putting up as collateral

Your principal
Your interest
Your house
Your down payment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Your credit score will be significantly lowered if you

You miss a loan payment
Buy a house
Take out a loan
Go to college

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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A house cost 500,000. You put 100,000 down and borrow 400,000 at a 30 year 4% fixed interest rate. Which is your principal?

600,000
500,000
400,000
100,000

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