Build Your Stax

Build Your Stax

10th Grade

20 Qs

quiz-placeholder

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Build Your Stax

Build Your Stax

Assessment

Quiz

Financial Education

10th Grade

Practice Problem

Medium

Created by

Jacob Smith

Used 2+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of $ you earn as profit based on your deposited amount, usually expressed as a percentage.

interest rate

nominal fee

index fund

certificate of deposit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money set aside for unanticipated expenses or loss of income.

pocket cash

checking account

emergency fund

index fund

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An investment option with a low interest rate that is with a banking institution.

checking account

savings account

individual stocks

government bonds

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An investment option with a fixed interest rate for a fixed period of time. The rates will typically be higher than a savings account.

index fund

individual stock

checking account

certificate of deposit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Time period an investment is intended to last.

term

interest rate

penalty

fortnight

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The end date for a bond or a CD (certificate of deposit), aka the date when you can get your money back.

term

maturity date

payday

Ides of March

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A market where shares in corporations are bought and sold through an organized system.

farmer's market

stock market

mutual fund

index fund

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