
Personal Finance
Authored by benjamin dotson
Social Studies
10th Grade
Used 7+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of interest "creates a mathematical explosion," and it can make you wealthy over time, or keep you in debt for a long time.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cost of credit expressed as a yearly percentage
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The cost of borrowed money, usually expressed as a percentage.
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
401(k), IRA, and Roth IRA are all examples of a __________ account.
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What does CD stand for when talking about investments?
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A mutual fund allows investments to be ___________.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of retirement account offered by employers to their employees allows them to set aside tax-deferred income. Sometimes employers will even match the employee contribution up to a certain amount.
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