Which factor should you consider before choosing a saving plan?

Which account would yield the most interest if all other factors (APR, principal, etc.) were the same?

Which type of college funding needs to be repaid?

Who insures deposits at commercial banks?

Who insures deposits at credit unions?

Which option has the highest liquidity?

What does a brokerage firm do?

If you buy stock in a corporation, which statement is true?

For something to be considered a short-term need, you should be able to save for it within what time frame?

Which usually pays a higher interest rate?

Interest paid on the original principal plus accumulated interest

Who provides the widest variety of banking services?

The FDIC insures deposits against bank loss for up to what amount?

When comparing savings options, the annual percentage rate is more important that the annual percentage yield.

If your employer puts your paycheck directly into your bank account, it's called an automatic payroll deduction.

A time deposit where a fixed rate of interest is earned for a specified length of time

Earnings on principal

A large sum of cash you pay up front when you purchase a home

A program where students work on campus to earn money for tuition

The amount of money you deposit into a savings account

Which financial institution is a non-profit?

A measure of how quickly you can get cash without loss of value

The amount of money you have left over each month after you pay your bills

Many savings and investment options offer high liquidity, high safety, and high earning potential.

A savings account pays 12% annual interest. What is the monthly interest rate?

Where can you open a share account?

All financial institutions offer the same interest rate on savings accounts.

Where can you open a money market account?

A guarantee that you will not lose money on your savings deposit

Combining multiple loans into one large loan with one monthly payment

The actual interest rate earned with compounding

The law requires financial institutions tell consumers the annual percentage yield.

Which savings option has a penalty for early withdrawal?

Which savings option pays a variable interest rate?

A minimum deposit is required to invest in a certificate of deposit.

What happens to the money you deposit into a money market account?