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Final Review #4

Quiz by Lorie Blevins

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5 questions
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  • Q1
    How much more do you spend on purchases when you use credit instead of cash?
    3-5%
    12-18%
    10-20%
    No difference in spending
    30s
  • Q2
    An overdue payment is called:
    Delinquency
    repossession
    surrender of collateral
    Foreclosure
    30s
  • Q3
    The most aggressive mutual funds tend to be from:
    Companies that are older and well established
    Companies that are a little younger and growing
    Companies that are overseas
    All of the above
    30s
  • Q4
    Which is a good investment?
    Commodities
    Mutual Funds
    Single Stocks
    Gold
    30s
  • Q5
    What definition best explains an IRA?
    A type of investment at a bank
    Investment that uses pre-tax dollars.
    a type of investment at a bank or investment firm that has good tax benefits
    The tax treatment on virtually any type of investment.
    30s

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