BM 479 Part A TEST

Last Name?

First Name?

Period

• P1 Algebra
• P3 Algebra
• P4 Business Math
• P5 Pre-Algebra
• P6 Algebra

Class Number?

Date [Day of the week, Month, date, year--> example Thursday, May 4, 1943]

Which of the following is a "Debt Instrument"?

• Stock
• Bond
• Mutual Fund
• ETF

Which of the following is a type of bank account

• Stock
• Mutual Fund
• Mortgage
• MMA

Which of the following best describes an ETF?

• An investment that grants you partial ownership of a single company
• An investment that pays out regular interest payments, known as "Coupon Payments"
• An investment that locks your savings for a specified period of time in exchange for higher interest than a savings acc
• An investment that combines several stocks or other assets

"Treasuries" are a type of…

• Stock
• Mutual Fund
• Bond
• CD

Which of the following bank account types is least likely to pay interest

• Savings account
• Checking account
• Money Market account
• Certificate of Deposit