What are some alternatives to storing your money in the long term? ( More than one option answer)
Second Trimester Quiz

Quiz
•
Mathematics, Social Studies, Fun
•
9th - 12th Grade
•
Hard
Nawal Badurova
Used 2+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Cash
Stocks
Real Estate
Gold
High Yielding Savings Account
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do we call the amount of money you have left to pay in your loan?
Down Payment
Principal
Interest
Inflation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the formula for simple interest :
F=P*(1+i)*n
What does "n" stand for?
Number of years
Number of months
Number of compounding periods
Term of the loan
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the formula for compound interest:
F=P*(1+i)^n
What does "n" stand for?
Number of compounding periods
Term of the loan
Number of years
Number of months
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you calculate the interest of a sum , and it is in percentage, what do you do with the percentage before multiplying it with the sum?
Divide by 100
Multiply by 100
Divide by 10
Multiply by 10
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the long term , which method of interest is better for the payer?
Compound Interest
Simple Interest
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the standard inflation rate per year ?
1-2%
2-3%
3-4%
4-5%
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