Internship Insights Quiz

Internship Insights Quiz

12th Grade

15 Qs

quiz-placeholder

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Internship Insights Quiz

Internship Insights Quiz

Assessment

Quiz

Financial Education

12th Grade

Practice Problem

Hard

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of your credit limit should you ideally use?

50%

30%

70%

90%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the benefits of the Discover IT Card?

Annual fee

Cashback match

High foreign transaction fees

No credit score monitoring

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is the Chase Freedom Unlimited card widely accepted?

Yes

No

Only in the US

Only in Europe

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the balance at age 55 for someone starting at age 35?

$295,688

$685,149

$317,875

$530,684

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the balance at age 35 for someone starting at age 25?

$69,125

$101,331

$224,681

$530,684

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the pros of a Roth IRA?

Immediate tax deduction

Tax-free withdrawals in retirement

No income limits

Required minimum distribution

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a con of a Roth IRA?

Tax-free withdrawals in retirement

No RMD

Income limits

Contributions can be withdrawn penalty free

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