Font size
WorksheetsFinancial literacy level
Total questions: 6
Worksheet time: 8mins
Suppose you had $100 in a savings account and the interest rate(palūkanų norma) was 2% per year. After 5 years, how much do you think you would have in the account if you left the money to grow?
More than $102
Exactly $102
Less than $102
Don’t know
Imagine that the interest rate(palūkanų norma) on your savings account was 1% per year and inflation was 2% per year. After 1 year, how much would you be able to buy with the money in this account?
More than today
Exactly the same
Less than today
Don’t know
If interest rates(palūkanų normos) rise, what will typically happen to bond(obligacija) prices?
They will rise
They will fall
They will stay the same
There is no relationship between bond prices and the interest rate
Don’t know
A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage, but the total interest(palūkanos) paid over the life of the loan will be less.
True
False
Don’t know
Buying a single company’s stock(akcija) usually...
...provides not as safe return as stock mutual fund(akcijų investicinis fondas).
...provides a safer return than a stock mutual fund(akcijų investicinis fondas).
Don’t know
Results of previous years of investment instrument...
...does not reflect expected future returns.
...reflects expected future returns.
Don’t know
