Review Game Zone
Games
Test
Preview
Back
Match it!
Match it! Select the correct answer from the pull down...Good luck!
The Rule of 72 predicts when your money will triple in value.
True
True
False
False
All of the above
True
False
all of the above
Simple interest includes the multiplication of the APY by the principal and interest.
True
True
False
False
All of the above
True
False
all of the above
The Rule of 72 uses for its calculation the number 72, the term of investment, and the annual interest rate.
True
True
False
False
All of the above
True
False
all of the above
If a savings account requires a minimum balance and you go below it, financial institutions won’t charge you a fee.
True
True
False
False
All of the above
True
False
all of the above
When comparing financial institutions offering savings accounts, you should read about
True
True
False
False
All of the above
True
False
all of the above
Money in a savings account using compound interest will grow faster than money in an account that uses simple interest.
True
True
False
False
All of the above
True
False
all of the above
Interest can be compounded
True
True
False
False
All of the above
True
False
all of the above
The Rule of 72 can calculate the amount of interest needed to reach a financial goal in a set number of years.
True
True
False
False
All of the above
True
False
all of the above
Check it!
Match it!
Match it!