
Saving & Investing Lesson 12
Quiz
•
Life Skills
•
9th - 12th Grade
•
Medium
Markelito Mathurin
Used 2+ times
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53 questions
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1.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
Which of the following are true about savings? Select all that apply.
Typically needs to be accessible easily and quickly
Has a higher return with a higher risk
Act of putting away money for a future expense or need.
Can be for short term and long term goals
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
T/F: You can lose money on investments.
True
False
3.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
Savings products can include: (Select all that apply)
Savings accounts
CDs (Certificate of Deposits)
Money markets
Stocks
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
If you need the money within a year or so, or any type of emergency, you should choose:
Savings options
Investing options
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
If you don't need the money for the next 3+ years and you're okay with some risk involved, you should choose:
Savings options
Investment options
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Kayla is considering whether to open a savings account or buy stock. Her financial advisor tells her that investing involves __________, but will help her money grow.
a down payment
risk
taxes
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Fill in the correct terms to complete the description of Rebecca going through insurance claims process.
Her children will also receive the same until they ________________.
graduate from high school
retire
become employed
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