
Build Your Stax
Quiz
•
Financial Education
•
10th Grade
•
Practice Problem
•
Medium
Jacob Smith
Used 2+ times
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20 questions
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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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