Final Quiz 2024

Final Quiz 2024

9th Grade

52 Qs

quiz-placeholder

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Final Quiz 2024

Final Quiz 2024

Assessment

Quiz

Life Skills

9th Grade

Practice Problem

Easy

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52 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

If you invest money in the "Youth Investment ETF" at an annual interest rate of 9%, how many years will it take for your investment to double?

8 years

9 years

10 years

11 years

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

If you invest money in the "Safe Savings CD" at an annual interest rate of 4%, how many years will it take for your investment to double?

18 years

17 years

19 years

20 years

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

If you invest money in the "Rapid Return Mutual Fund" at an annual interest rate of 12%, how many years will it take for your investment to double?

6 years

5 years

7 years

8 years

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

If you invest money in the "Steady Growth Money Market Account" at an annual interest rate of 3%, how many years will it take for your investment to double?

24 years

25 years

23 years

22 years

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

What is a budget?

A plan for managing income and expenses

A type of loan

A place to save money

A method to invest money

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

What does it mean to invest money?

To put money into something to earn more money over time

To spend it all

To keep it under your mattress

To donate it to charity

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

What is credit?

Money you borrow and must pay back later

Free money from the bank

A reward from a store

Money saved in a bank

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