Unit 7 Test - Savings, Investments, & Insurance

Unit 7 Test - Savings, Investments, & Insurance

11th Grade

20 Qs

quiz-placeholder

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Unit 7 Test - Savings, Investments, & Insurance

Unit 7 Test - Savings, Investments, & Insurance

Assessment

Quiz

Mathematics

11th Grade

Hard

Created by

Jessica MFHS

Used 1+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

Which of the following is NOT a key factor of investing?

Interest
Timeline
Goals
% Return
Risk

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

Investing is a high risk AND low reward situation.

True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

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What are stocks?
like lending money to the government
full set of stocks that are automatically diversified
tangible assets with value

small shares of ownership in a company

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image
What is a collection of investments managed by experts called?
Mutual Fund
Index Fund
Property
Bonds

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

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How many different types of retirement accounts are there?
1
2
3
4

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

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Who sets up your 401k?
You
The Government
Your Employer

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image
What does insurance minimize?

the impact of risks

your monthly payments
your life choices
the price of your valuables

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