Basic Savings/Investing Accounts
Authored by J. Mendenhall
Social Studies
12th Grade
Used 10+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Low interest rate, low minimum balance, immediate access
Money Market
Certificate of Deposit
Simple Savings Account
401(k)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Retirement Account offered through an employer, in which your employer will match contributions
Money Market
Certificate of Deposit
IRA
401(k)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A loan given to a government or company
Stock
Bond
401(k)
Money Market Account
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A retirement account you choose to open on your own.
IRA
MMA
CD
401(k)
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Savings account that has check writing abilities
Money Market Account
401(k)
IRA
CD
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Savings account that requires you to leave your money in for a set amount of time.
Mutual Fund
401(k)
IRA
CD
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A type of investment account in which your money is pooled with others, and usually includes a mixture of investments
Mutual Fund
Individual Retirement Account
Simple Savings Account
Money Market Account
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