Personal Finance Unit Review

Test Description: Budgeting, banks and the fed, investing

Instructions: Answer all questions to get your test result.

1) how much should you have saved in an emergency fund?

2) in government and personal budgets, you should always __________ more than you __________

3) information that shows how much of a loan payment goes to principal, how much goes to interest, and how many payments there will be

4) How can you pay tens of thousands of dollars less in interest over the life of your loan ?

5) inflation is caused by...

6) inflation could have been avoided in the second class auction if....

7) which of the following doesn't belong?

8) the djia, and the s and p 500 are

9) you can buy stock in snickers

10) when investing, which type of interest do you want to earn?

11) looking for similar houses in a neighborhood to determine what price you should pay for (or sell) a house

12) a home loan payment should not account for more than _________ of your personal monthly budget

13) which type of debt are you likely to have when you first begin your career?

14) it is cheaper to go out to eat than to make your own food

15) if you buy a $200,000 house at a 30 year loan at an interest rate of 6%, how much principal will you be paying in the first payment?

16) which of the following is not a good way to choose a stock?

17) a company must provide their financial statements to the public if the public can buy stock in the company

18) the best way to buy stocks is to....

19) which type of bond do you purchase for less than the face value?

20) in person of interest, what was the illegal investing tactic used?


*select an answer for all questions

Play Games with the Questions Above


Teachers: Create FREE classroom games with your questions Click for more info!
©2007-2023 ReviewGameZone.com | About | Privacy | Contact | Terms | Site Map