Smart Money, BIG Impact Trivia

Which mobile payment service, launched by a major tech company in 2014, allows users to make payments using their smartphones?

• PayPal

• Google Wallet

• Apple Pay

• Venmo

What is the term for the interest rate banks charge each other for overnight loans, which can influence other interest rates in the economy?

• Federal Funds Rate

• Prime Rate

• Discount Rate

• Mortgage Rate

What is the term for a retirement savings plan sponsored by an employer that allows employees to invest a portion of their paycheck before taxes are taken out?

• Traditional IRA

• Roth IRA

• 401(k) Plan

• Pension Plan

What is the name of the index that tracks the performance of 500 large companies listed on stock exchanges in the United States?

• Dow Jones Industrial Average

• Nasdaq Composite

• Russell 2000

• S&P 500

Which type of investment is a pooled fund that allows investors to own a diversified portfolio of stocks, bonds, or other securities, managed by a professional?**

• Mutual Fund

• Savings Account

• Certificate of Deposit (CD)

• Money Market Account

What is the name of the digital currency that uses blockchain technology and was created by an unknown person using the pseudonym Satoshi Nakamoto?

• Litecoin

• Bitcoin

• Ethereum

• Ripple

Thank you for attending our BIG webinar!

Do you have any feedback on the Lunch & Learn? Are there any other topics you are interested in learning about?