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Investment Flashcard

Investment Flashcard

Assessment

Flashcard

Social Studies

12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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22 questions

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1.

FLASHCARD QUESTION

Front

What is one benefit of starting to invest money at a young age?

Back

Interest compounds over time.

2.

FLASHCARD QUESTION

Front

If Marcus invests in an account that yields 8% growth annually, how long will it take for his investment to double?

Back

10 years

3.

FLASHCARD QUESTION

Front

Which savings option would BEST meet the criteria for saving $500 to buy a new bicycle in the next five months: No risk, FDIC insured, accessible funds, low fees, and no required minimum balance? Options: A money market mutual fund, A certificate of deposit, A bank savings account, A money market savings account

Back

A bank savings account

4.

FLASHCARD QUESTION

Front

Do not usually require a minimum balance. Indicate whether this characteristic describes money market savings accounts, traditional savings accounts, or both.

Back

Traditional Savings Accounts

5.

FLASHCARD QUESTION

Front

Insured by the FDIC: Money Market Savings Accounts, Traditional Savings Accounts, or Both?

Back

Both

6.

FLASHCARD QUESTION

Front

Allow ATM withdrawals and check writing

Back

Money Market Savings Accounts

7.

FLASHCARD QUESTION

Front

What is the benefit of diversifying investment portfolios with a variety of high- and low-risk investments?

Back

maximizes returns while decreasing the overall volatility of an investment portfolio, ensures consistent returns regardless of market fluctuations, prevents investors from making reactionary decisions during bear markets

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