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The Quella Quiz

Total questions: 8

Worksheet time: 4mins

Name
Class
Date
1.

Name the Edgewood College basketball player that is tied for the lead in lifetime games played:

a)

Giannis

b)

Mr. Quella

c)

Steph Curry

d)

Micheal Jordan

2.

$5,000 Invested annually earning 6% for 40 years results in a balance of $773,810. If you

invested $5,000 for 30 years at 6%, what would the ending balance be?

a)

$395,291

b)

$495,291

c)

$595,291

d)

$695,291

3.

$5,000 Invested annually earning 6% for 40 years results in a balance of $773,810. If you

invested $5,000 for 50 years at 6%, what would the ending balance be?

a)

$1,051,680

b)

$1,251,680

c)

$1,451,680

d)

$1,651,680

4.

Bonds have a “relationship” with interest rates. Is that relationship…

a)

W Rizz

b)

Inverse Correlation

c)

Ghosting

d)

Positive Correlation

5.

What is a fiduciary?

a)

The lead character in Squid Games

b)

When a Financial Advisor must act in your best interest at all times

c)

Tonight’s special at Backyard Grill, served with rice pilaf

d)

When a Financial Advisor must act in your best interest at the time of the sale

6.

How many of these terms are retirement plans? 401K, 403B, 457, SEP IRA , SAR SEP IRA, Simple

IRA, Defined Contribution Defined Benefit, and Federal Thrift Savings Plan

a)

All of them

b)

None of them

c)

The ones without numbers

d)

The ones with numbers

7.

What is the best part about owning a business vs. being an employee

a)

All of the above

b)

We don’t have to go to any meetings we don’t want to go to

c)

No boss

d)

We support the community how and when we choose

e)

We choose how our earnings are divided into retirement, payouts, etc.

8.

Who is this???

a)

Matt La Fluer

b)

Scott Walker

c)

Bernie Jones

d)

George Bush

e)

Some random financial dude