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Charles invests in a $500 CD at a rate of 8% for 15 years. What’s the future value?
false
true
True
initial public offering
$1586.08
Dividends
9 years
true
Payment of earnings to investors is called:
false
true
True
initial public offering
$1586.08
Dividends
9 years
true
Based on the Rule of 72, if you invested money and earned 8% interest, your money would double in
false
true
True
initial public offering
$1586.08
Dividends
9 years
true
Credit card companies are very picky on who they will give cards to.
false
true
True
initial public offering
$1586.08
Dividends
9 years
true
Revolving credit allows you to borrow as much money as you would like up to your limit and once you pay off part of your balance you can continue to borrow.
false
true
True
initial public offering
$1586.08
Dividends
9 years
true
As you get credit card bills you will have to pay off a minimum balance each month.
false
true
True
initial public offering
$1586.08
Dividends
9 years
true
A grace period is a period of time where you can pay off you principal without interest charges.
false
true
True
initial public offering
$1586.08
Dividends
9 years
true
IPO means:
false
true
True
initial public offering
$1586.08
Dividends
9 years
true
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