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ch 13 quiz

Authored by Dylan Silva

Mathematics

12th Grade

Used 7+ times

ch 13 quiz
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35 questions

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1.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Match the following terms with the phrase that describes it. Answers are used only once. 1. Legal document expressing wishes for an estate.

Will

401(k)

Annuity

Inflation

Executor

2.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Retirement account sponsored by an employer.

Executor

Inflation

Annuity

IRA

401(k)

3.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Retirement account for which contributions are not taxed.

Roth IRA

401(k)

Annuity

Executor

Inflation

4.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Deposits are made as a series of equal payments over time.

Inflation

IRA

Executor

401(k)

Annuity

5.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Payment made to the owner of an asset for its use.

Executor

Annuity

Inflation

401(k)

Royalty

6.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

What you give up by choosing one option over another.

Executor

401(k)

Inflation

Opportunity cost

Annuity

7.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Legal entity that holds property for the benefit of another.

401(k)

Executor

Inflation

Trust

Annuity

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