Search Header Logo

Topic 5- Saving and Investing

Authored by Callie Sanders

Business

9th - 12th Grade

Used 3+ times

Topic 5- Saving and Investing
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What is the main difference between savings and investing?

Savings earn higher returns than investments
Investing is completely risk-free
Savings are completely risk-free while investing carries risk
There is no difference between the two

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

According to financial planners, what percentage of monthly net income should you save?

10%
15%
20%
25%

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which type of savings account typically offers higher interest rates than traditional savings accounts?

Passbook savings account
High-yield savings account
Regular checking account
Basic savings account

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What is a Certificate of Deposit (CD)?

A type of checking account
A savings account with no interest
A savings account with a specified maturity date and guaranteed interest rate
A retirement account

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which is NOT an advantage of savings plans?

Low risk
Defined interest rates
High returns
Easy accessibility

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What does owning stock represent?

A loan to the government
Ownership in a corporation
A guaranteed return
A savings account

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

In the formula for calculating interest, what does 'P' stand for?

Payment
Principal
Percentage
Period

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?