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Personal Finance Final Review Part 2

Authored by Marcy Wood

Other

12th Grade

Used 27+ times

Personal Finance Final Review Part 2
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Initial amount of money saved/invested

Principal

Simple Interest

Compound Interest

3-6 months

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rate of earnings on the initial sum of money saved/invested

Principal

compound interest

simple interest

3-6 months

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest on both the initial sum of money saved/invested AND previous interest earnings

Principle

compound interest

simple intersest

3-6 months

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A fully funded emergency fund is _______ months

simple interest

compound interest

principle

3-6 months

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many hours must you work in a week to earn overtime pay?

20

more than 20

40

more than 40

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Shares of ownership in a corporation

Stocks

Bonds

mutual fund

commondity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A debt instrument issued by the government or corporation that requires the issuer to pay the holder the loan principal plus interest at maturity

Stock

Bond

Mutual Fund

Commodity

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