Personal Finance Lesson 4-1
Authored by Steven Wills
Business
9th - 12th Grade
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Interest that accumulates on the principal and the accrued interest.
Compound Interest
Future Value
Inflation
Interest Rate
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The value of an asset sometime in the future based on an assumed rate of growth.
Present Value
Future Value
Inflation
Rate of Return
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The increase in prices over a specific period of time, usually shown as a percentage.
Present Value
Future Value
Compound Interest
Inflation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The percentage of principal charged by the lender for loaning money
Compound Interest
Interest Rate:
Future Value
Simple Interest
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The current value of a stream of future cash flows, discounted at a certain rate.
Time Value of Money
Interest Rate
Inflation
Present Value
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The percentage gain or loss on an investment over a specified period of time.
Rate of Return (ROR)
Simple Interest
Time Value of Money
Inflation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Interest that is earned on the principal amount of investment, calculated by multiplying the interest rate (percentage) by the principal amount.
Simple Interest
Interest Rate
Present Value
Time Value of Money
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