Stocks & Rule of 72

How many years will it take $4000 to double with a 5% interest rate?

• 1440
• 14.4
• 55.5
• 80

Tags

CCSS.HSF.LE.A.4

What interest rate would you need to double $3500 in 9 years?

• 7%
• 10%
• 8%
• 38.8%

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.SSE.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

Interest that is calculated on principle plus interest is known as:

• simple interest
• compound interest

Tags

CCSS.7.RP.A.3

When stock prices are on the rise, it is known as a ______________ market.

• bull
• bear

How many years will it take $600 to double with 10% interest?

• 6 years
• 8.3 years
• 10 years
• 7.2 years

Tags

CCSS.HSF.LE.A.4

Which of the following is considered an IOU?

• stocks
• mutual funds
• bonds 
• t-bills

What interest rate would you need to double $2500 in 12 years?

• 5%
• 6%
• 34%
• 16%

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.SSE.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSF.BF.A.1

CCSS.HSF.LE.B.5

A distribution of a portion of a company's earnings

• interest
• earnings
• profit
• dividends

How many years will it take to double your money with a 3% interest rate?

• 24 years
• 12 years
• 4 years
• none of these

Tags

CCSS.HSF.LE.A.4

Stocks and mutual funds are traded publicly in shares?

• True
• False