Final Review #4
Quiz by Lorie Blevins
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5 questions
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- Q1How much more do you spend on purchases when you use credit instead of cash?3-5%12-18%10-20%No difference in spending30s
- Q2An overdue payment is called:Delinquencyrepossessionsurrender of collateralForeclosure30s
- Q3The most aggressive mutual funds tend to be from:Companies that are older and well establishedCompanies that are a little younger and growingCompanies that are overseasAll of the above30s
- Q4Which is a good investment?CommoditiesMutual FundsSingle StocksGold30s
- Q5What definition best explains an IRA?A type of investment at a bankInvestment that uses pre-tax dollars.a type of investment at a bank or investment firm that has good tax benefitsThe tax treatment on virtually any type of investment.30s