Saving And Investing Review Quiz Question Preview (ID: 26069)
This Quiz Will Assess Your Knowledge Of Saving And Investing Terms And Vocabulary.
TEACHERS: click here for quick copy question ID numbers.
Money is anything that can be accepted in exchange for goods or services.
a) False
b) True
c)
d)
Hanging onto money to use in future instead of spending it.
a) Saving
b) Investing
c) Donating
d) Spending
A bank account that pays you interest for having money in it.
a) Investment
b) Loan
c) Savings Account
d) Stock
Using your money to try and make more money.
a) Saving
b) Investing
c) Spending
d) Donating
Saving for something you need months or years to pay for.
a) Investing
b) Short Term Saving
c) Long Term Saving
d) Interest
The amount paid by a borrower to a lender for the privilege of borrowing the money.
a) Interest
b) Investment
c) Saving
d) Compound Interest
Interest on an investment that is calculated on the money you originally invested and any interest earned.
a) Saving
b) Investment
c) Simple Interest
d) Compound Interest
The likelihood of losing money in an investment .
a) Insurance
b) Risk
c) Loss
d) Simple Interest
A plan that can help protect you from an event in life that costs a large amount of money.
a) Risk
b) Compound Interest
c) Gain
d) Insurance
An organized way for people to buy and sell stocks and corporations to raise money.
a) Stock
b) Stock Market
c) Shares
d) Insurance
A certificate representing a share of ownership in a company.
a) Stock
b) Share
c) Interest
d) Investing
Four of the main choices you can make with your money are Saving, Donating, Spending, and Loaning.
a) False
b) True
c)
d)
Putting your money into a savings account is an example of investing.
a) False
b) True
c)
d)
Simple Interest will pay you more money over 3 years than Compound Interest.
a) False
b) True
c)
d)
The Stock Market is a low risk investment option.
a) False
b) True
c)
d)
Companies that are public are represented by these on the Stock Market.
a) Stock Initials
b) Stock Symbols
c) Company Nicknames
d) Shares
Every public company sells shares of stock on every Stock Exchange.
a) False
b) True
c)
d)
Simple Interest pays you interest on the money you have invested, Compound Interest pays you for money you invested and Interest you have earned.
a) False
b) True
c)
d)
If you invest in a company on the Stock Market, and the stock goes up, what is the difference called?
a) Loss
b) Share
c) Balance
d) Gain
If you invest in a company on the Stock Market, and the stock goes down in price, what is the difference called?
a) Loss
b) Gain
c) Share
d) Balance
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