GFL State Review #10

Front

Which is true regarding unexpected emergencies?

Back

they should be planned for

Front

What are the amounts of money you spend to pay bills or for other needs and wants called?

Back

Expenses

Front

What is the term for Interest on accumulated unpaid interest?

Back

Compound Interest

Front

What is the term for Funds raised by companies through the sales of shares?

Back

Stocks

Front

An investment that often includes a mix of stocks, bonds, or other securities purchased in shares is called?

Back

Mutual Fund

Front

Funds from the government, private organizations and/or educational institutions that help students pay for their education

Back

Financial Aid

Front

A quantity of money given by a government, organization or person for a specific purpose

Back

Grant

Front

Maintaining good credit will give you _____________    _________________ .

Back

financial freedom

Front

When borrowing money for an auto loan, it is better to have a (higher/lower) interest rate. The higher your credit score is, the (higher/lower) your APR, or interest rate.

Back

Lower/lower

Front

What is the differences between stocks and bonds?

Back

A stock represents ownership, and bonds represent a loan.