S24TH 1st Half Final

ROI. Which of these is the Return from earning a degree in college?

• Increase earning potential
• Cost of attendance
• Opportunity cost

ROI. Which of these is the Investment for going to college?

• Increase earning potential
• Cost of attendance
• Opportunity cost

A millionaire is someone with _____ of $1million or more.

• net worth
• assets
• income
• liabilities

Which of these is the most important factor used to calculate your credit score:

• Your payment history
• Your debt/credit ratio
• How long you have had credit
• How many types of credit you have used

Which of these is the second most important factor used to calculate your credit score:

• Your payment history
• Your debt/credit ratio
• How long you have had credit
• How many types of credit you have used
• How many lenders have recently asked for your credit report

If you get a credit card and max it out, that will hurt your ____.

• Debt/Credit ratio
• Payment history

Which TWO of these are included in your EFC:

• Assets
• Liabilities
• Income
• Expenses

Which TWO of these are included in your net worth:

• Assets
• Liabilities
• Income
• Expenses

Which of these are ways to invest money for your retirement:

• IRA
• Savings Account
• Emergency Fund

Which of these are ways to invest money for your retirement, if your employer doesn't offer a retirement plan:

• IRA
• Traditional 401(k)
• Roth 401(k)