Review Game Zone
Games
Test
Preview
Back
Match it!
Match it! Select the correct answer from the pull down...Good luck!
Interest is:
the amount owed for borrowing money
help you plan how you will spend the money you earn or receive.
compound; highest
Both A B
Certificate of Deposit (CD)
Certificate of Deposit (CD)
Both A B
Compounding daily
Which of the following is a type of savings vehicle?
the amount owed for borrowing money
help you plan how you will spend the money you earn or receive.
compound; highest
Both A B
Certificate of Deposit (CD)
Certificate of Deposit (CD)
Both A B
Compounding daily
Which of the following savings vehicles usually requires a high minimum balance?
the amount owed for borrowing money
help you plan how you will spend the money you earn or receive.
compound; highest
Both A B
Certificate of Deposit (CD)
Certificate of Deposit (CD)
Both A B
Compounding daily
Which of the following accounts will give you the LEAST access to your money?
the amount owed for borrowing money
help you plan how you will spend the money you earn or receive.
compound; highest
Both A B
Certificate of Deposit (CD)
Certificate of Deposit (CD)
Both A B
Compounding daily
You are opening a savings account that earns compound interest. Which compounding frequency will earn you the MOST money?
the amount owed for borrowing money
help you plan how you will spend the money you earn or receive.
compound; highest
Both A B
Certificate of Deposit (CD)
Certificate of Deposit (CD)
Both A B
Compounding daily
John just opened a savings account and wants to maximize the amount of interest he earns. Which of the following actions would enable him to earn MORE interest?
the amount owed for borrowing money
help you plan how you will spend the money you earn or receive.
compound; highest
Both A B
Certificate of Deposit (CD)
Certificate of Deposit (CD)
Both A B
Compounding daily
To earn as much interest as possible, you should open a savings account that earns _______ interest and has the ______ interest rate.
the amount owed for borrowing money
help you plan how you will spend the money you earn or receive.
compound; highest
Both A B
Certificate of Deposit (CD)
Certificate of Deposit (CD)
Both A B
Compounding daily
The purpose of a budget is to:
the amount owed for borrowing money
help you plan how you will spend the money you earn or receive.
compound; highest
Both A B
Certificate of Deposit (CD)
Certificate of Deposit (CD)
Both A B
Compounding daily
Check it!