Invesments - Overall Review

Invesments - Overall Review

KG - University

20 Qs

quiz-placeholder

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Invesments - Overall Review

Invesments - Overall Review

Assessment

Quiz

Life Skills

KG - University

Practice Problem

Medium

Created by

Nancy Blume

Used 3+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The organization that maintains your credit rating is a/an

bank

credit bureau

credit union

finance company

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you are looking for the best interest rate (APR) for borrowing money, you should go to a/an

bank

credit bureau

credit union

finance company

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A car loan or mortgage payment (house) is an example of a/an

credit card payment

installment loan

revolving credit

variable expense

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A type of savings that is not liquid for a specific length of time (Term) is a/an

savings account

money market account

checking account

certificate of deposit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A savings account is

the most liquid option

the least liquid option

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following would be insured by the FDIC?

all investments up to $100,000

savings and investments up to $250,000

bond investments up to $250,000

checking, savings, and certificates of deposit (CD) up to $250,000

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

APY (Annual Percentage Yield) should be compared from various financial institutions when choosing an account.

True

False

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