Personal Finance Final: Credit Cards, Stock Market Question Preview (ID: 41761)


Good Luck! TEACHERS: click here for quick copy question ID numbers.

Annual Percentage Rates are:
a) Your monthly interest expense
b) Your yearly interest expense
c) Only applied to car purchases
d)

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.
a) True
b) False
c)
d)

The most you can have charged on your credit card at any one time is your:
a) Credit Max
b) Credit Limit
c) Max Credit
d)

As you get credit card bills you will have to pay off a minimum balance each month.
a) true
b) false
c)
d)

Having a good credit score will cost you less in the long-run
a) true
b) false
c)
d)

A grace period is a period of time where you can pay off you principal without interest charges.
a) true
b) false
c)
d)

Paying only the minimum each month will save you money since you’re paying less.
a) true
b) false
c)
d)

Credit card companies are very picky on who they will give cards to.
a) true
b) false
c)
d)

The statement “risk and reward are related” implies:
a) making money in the stock market is risky
b) the lower the risk the lower the reward
c) there is no reward in taking a risk
d)

Some investors place a greater priority on safe earnings than on risky . They prefer ________ stocks.
a) no beta
b) low beta
c) high beta
d)

Cal owns 100 shares of Tricor stock. Tricor pays an annual dividend of $6.25 per share. Cal will receive his first quarterly payment on March 30. The dividend check will be for:
a) $6.25
b) $625.00
c) $156.25
d)

IPO means:
a) investor protection option
b) income producing opportunity
c) initial public offering
d)

Based on the Rule of 72, if you invested money and earned 8% interest, your money would double in
a) 72 years
b) 9 years
c) 8 years.
d)

Interest earned on interest occurs with:
a) buying on margin
b) diversification
c) compounding
d)

A bond is:
a) contract for credit
b) a type of IOU
c) money borrowed from a bank
d)

Stocks, bonds and mutual funds are all part of:
a) an initial public offering
b) an industry sector
c) a diversified portfolio
d)

Charles invests in a $500 CD at a rate of 8% for 15 years. What’s the future value?
a) $1586.08
b) $1586.09
c) $8100
d)

Leevers Fresh Foods has 2 investors: Employee A has 30 shares, Employee B has 72 shares. Leevers had an excellent quarter and decided to pay a dividend of $3 to it’s employees, what would the total dividend amount be?
a) $306
b) $300
c) $102
d)

Bob owns 3,000 shares of Target Stock who offers a total dividend of $1,560. What would yield per dividend?
a) $1.92
b) $0.52
c)
d)

Payment of earnings to investors is called:
a) Dividends
b) Splits
c) Ratio Equation Percentage Sum Validity
d)

Play Games with the Questions above at ReviewGameZone.com
To play games using the questions from above, visit ReviewGameZone.com and enter game ID number: 41761 in the upper right hand corner or click here.

TEACHERS / EDUCATORS
Log In | Sign Up / Register

Help / Support / FAQ




Gaming Links