In financial terms, a bond is a _____________.

Banks use depositors money to make money through interest charged on loans.

Of the following types of deposit accounts, which one typically offers the lowest interest rate?

A “bull market” is a market that is trending upward, with stocks increasing in price.

Which of the following is a major difference between credit unions and other depository financial institutions?

When your long-term goal is to accumulate wealth, it is best to start saving after you have finished your education and established your career.

If you will likely need the money which you have set aside for an investment in the near future, you should avoid ______________.

When the supply of houses for sale in an area is greater than the demand for houses in that area, the prices of houses in that area will most likely ____________.

Accounts that offer a high degree of ________ usually offer the lowest interest rates.

Which of the following investments has the LEAST risk?

Which of the following is a retirement account that can reduce your annual tax liability?

IPO stands for __________.

In general, the longer you want to leave money in an account, the lower the interest rate you will earn on the accounts balance.

Earnings from which of the following are LEAST likely to outpace inflation over time? (which has lowest interest)

With the promise of higher returns on an investment comes ___________.

Steve purchased 75 shares of a stock for $28 a share in a shoe company. Three years later, he sold all of the stock at a price of $67 per share. Not counting commissions, how much did Steve earn through this investment?

Contributions to a(n) __________ are not tax-deductible, but earnings from this type of account are never taxed

As a group, your Investments are known as your ______________?

Which of the following is NOT specified when an individual purchases a certificate of deposit?

The role of the Securities Exchange Commission is to _______________.

One advantage of mutual funds is their __________, or their ownership of a wide range of Investments.

Companies pay their stockholders ___________ in cash or, sometimes, in additional stock.

APY stands for__________ .

Spock works for a company that offers to contribute $0.50 for each dollar an employee contributes to his 401(k) plan. If Spock contributes $3,500 over the course of the year, how much will his employer contribute to his retirement plan?

To take the greatest advantage of the time value of money, at which of the following ages should you begin investing for your retirement?

If you invest in a mutual fund earning on average 9% interest, how many times will your investment double after 40 years?

You can use the Rule of 72 to determine how long it will take you to __________ your money at a given interest rate.

A firm that provides customers access to the stock markets.

A stock is a certificate that represents a __________ a company.

To manage risk over the long-term, it is better to have a diversified portfolio than a portfolio composed entirely of investments in one asset class.

Chekov has a money market account with a balance of $1,000. With interest, the account will have a balance of $1,040 after one year. After 2 years, the account will have a balance of $1,081.60. After 3 years, the account will have a balance of $1,124.86. This is an example of...

Through ____________, you can decide what will happen to all of your assets after you die.

Which of the following is LEAST likely to affect the amount of interest a financial institution will pay a customer who deposits money?

IRA stands for _____________.