Unit Test — Cumulative exam Answers

Which is an example of a short-term investment?

Julie wants to buy a car and is deciding how she should invest her money. To best meet her needs, she should

Which statement best describes the role of a credit agency?

Which action is the most important for managing credit effectively?

Martin receives an e-mail about a money-making opportunity from a sender who asks for his bank account number. The best way to avoid having his identity stolen is to

Putting money into more than one kind of investment at a time is called

Which describes the difference between simple and compound interest?

A credit score is based in part on

The chart shows a sample paycheck stub.

Which is a commodity someone might invest in?

Which is always a cost when buying insurance?

An example of secured credit is a

Which describes a type of tax that funds city programs?

If a home is valued at $250,000 and the property tax rate is 2 percent, how much will the owners pay in property taxes?

Which of these is an advantage of checking accounts?

What is advertising used for? Check all that apply.influencing consumer tastestracking product popularityincreasing product awarenesspromoting company brandinggathering data about potential consumers

Insurance companies create a pool of funds to handle ______

The chart shows a range of credit scores.