
CP Final Exam
Authored by Michael Lydecker
Mathematics
12th Grade
Used 1+ times

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28 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
DEFINE debt.
Money invested into an asset.
Money lost in an investment.
Money owed to another person or company.
Late credit card payments.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A card that borrows money but it has to be paid back
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A card that uses money directly from your bank account
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Buy a piece of a company, highest interest rate in the long term, but it can be risky
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which of the following would you definitely not lose money that you invested?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the below is an employer based retirement plan that both employees and employers contribute to?
Traditional IRA
Roth IRA
401K
Pension
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The money put into this type of account has already had taxes taken out.
Pension
401K
Roth IRA
Traditional IRA
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