Quantitative Reasoning 9 Weeks Test

Which of the following would likely be the riskiest investment option discussed?

• Mutual funds

• Exchange-traded funds (ETFs)

• Single stocks

• Certificates of deposit (CDs)

Tags

CCSS.HSS.MD.B.5

Which of the following investment vehicles is recommended as the best option for long-term retirement savings?

• Mutual funds

• Exchange-traded funds (ETFs)

• Index funds

Tags

CCSS.HSS.MD.B.5

What is a mutual fund?

• Investing in a single company

• Mutual funds are professionally managed investments that allow investors to pool their money together to mutually invest in something—like stocks, bonds, or other investment options

• An electronically traded fund.

• Investing in a bank

Assuming the average federal tax rate of 14.9%, and there are no deductions etc... If John makes $75,000/yr, how much will he pay in federal taxes?

Tags

CCSS.7.RP.A.3

What is the main purpose of investing?

• To spend money on leisure activities

• To make money work and grow over time

• To save money for immediate needs

• To avoid paying taxes

If you invest $1,000 at an annual interest rate of 5%, how much will have after one year?

• $1,050

• $1,005

• $1,500

• $150

Tags

CCSS.7.RP.A.3

Which type is not a type of investment?

• Stocks

• Bonds

• Savings Account

• Grocery Coupons

Tags

CCSS.4.NF.A.1

CCSS.5.NF.B.5B

A house is listed for $250,000. If a buyer negotiates a 7% discount, what is the final price of the house?

Tags

CCSS.6.RP.A.3C

What is the difference between gross pay and net pay?

• Gross pay is before tax

• Gross pay is after tax

• Net pay is before tax

• Net is before tax

Tags

CCSS.6.RP.A.3B

Sam’s gross pay check is $1500. Assuming the average federal tax rate of 14.9%, state tax of 12%, and FICA tax of 6.2%. How much will his paycheck be?

• $1,000

• $1,250.75

• $1,003.50

• $1310.25

Tags

CCSS.6.RP.A.3C