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Saving And Investing Quiz 18 (23 MCQs)

Quiz Instructions:

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1. Sara is looking for an investment that is structured to have tax benefits. She should look for information on:
2. Accounts offered by depository institutions whose main purpose is to help people manage their money
3. The last reported price at which a security was traded on an exchange.
4. Which of the following is a short term savings/investing option?
5. Using the Rule of 72, calculate how approximately how long it will take to double your money if your money is earning a 6% interest rate.
6. Company profits distributed to stockholders.
7. The chance that in investment will decrease in value is a
8. Lester deposited $ 400 into a savings account earning 4.5% simple interest, and $ 450 into an investment account earning 3.2% interest compounded annually. What was the total interest he earned in 3 years?
9. Employee benefits packages:
10. Suppose you work for a really terrific company whose stock has been gaining value.You decide to invest your savings to buy shares. What major risk do you face?
11. Provides fixed interest payments for a set period of time
12. Which of the following appoints the board members for the Farm Credit Administration
13. This illustrates the trade-offs between risk and return for a number of saving and investing tools.
14. Type of savings plan where you deposit money at a bank for a set period of time
15. Which of the following is NOT a type of insurance?
16. The owner of a stock
17. Who assists you in purchasing real estate?
18. Which of the following is NOT a stock index?
19. In some cases, employers will match the employee contribution, but you should fund your plan whether your company matches or not. This statement refers to:
20. Liquidity is defined as
21. An organized, central service to buy and sell stocks, bonds and other investments that are traded
22. Which of the following is generally true about 401(k) and 403(b) retirement plans?
23. The best thing about choosing how to invest your money is:
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