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Help!!!!!! i need help Quick
What is the savings in a bank referred to as? (1 point)
A. A pile of money under your mattress
B. A real estate property
C. A luxury car
D. An interest bearing savings account
Which option is an investment with compound interest?(1 point)
A. a rental property
B. a checking account
C. a mutual fund following the S&P 500
D. a savings account
Which of these is considered a financial market?(1 point)
A. Sotheby’s auction
B. New York Stock Exchange
C. J.P. Morgan Chase
D. Ferrari dealership
Which of the following is not a characteristic of a typical bank savings account?(1 point)
A. no restrictions on money withdrawals or deposits
B. savings are easily accessible for the customer
C. a high interest rate
D. an average of 0.05% interest with no other restrictions
Which of the following are considered to be capital gains?(1 point)
A. the new value of a stock after the market closes
B. the profit earned on the sale of an asset which has increased while it was owned
C. the money lost when a stock is sold for less than it was purchased for
D. the interest earned from a government bond
Which of these is a mutual fund? (1 point)
A. a fund that pools money from many investors to buy securities
B. a fund used to pay shared bills and expenses
a fund used by the government to gather taxed money
a fund that you share with your family to save in the bank
Which is a source of passive income?(1 point)
A. teaching about personal finance
B. owning dividend stocks
C. owning luxury cars
D. working as a consultant
Which is an employer-sponsored retirement plan?(1 point)
Responses
A. a type of account offered to employees at very little or no cost
B. a Social Security coverage that is offered only to employed citizens
C. a strategy offered by the company that will advise employees on how to invest in order to retire
D. a private bank plan that is recommended by the company
Which is an appropriate use of money in an emergency fund?(1 point)
A. buying a brand new car
B. replacing the furnace in July
C. replacing the furnace in January
D. painting the house
Which option defines a tax benefit? (1 point)
A. a type of tax form that needs to be completed each year.
B. some type of savings for taxpayers
C. a government loan
D. a government bond affiliated to tax collection
Sagot :
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