Finance

What type of investment generates constant income?

• Growth investment

• Defensive investment

Having insurance minimizes the risk of losing money due to unforeseeable events.

• True

• False

What type of insurance policy allows the buyer to pay a set amount monthly to gain a steady stream of income?

• Business

• Life

• Health

• Annuity

Poor credit decisions do not affect which of the following?

• Bank accounts

• Home loans

• Interest rates

• Jobs

Which of the following is a reason to use a full-service investment firm instead of a discount investment firm?

• Readily available for personal use

• Years of experience and guidance

• You can handle transactions on your own

• Quick and easy trades

What type of insurance policy pays for funeral and burial costs?

• Business

• Renter's

• Life

• Health

Which of the following affects how the stock market behaves?

• Investment portfolio performance

• Interest rates

• Supply and demand

• Personal financial gain

Rick has a great idea about a new product to sell. He needs money to get started building his brand. What type of loan does he need?

• Business

• Home equity

• Mortgage

• Auto

Will needs a better way travel to and from work. What type of loan does he need?

• Mortgage

• Business

• Home equity

• Auto

Which of the following cannot be covered by insurance?

• Fire damage

• Car accident

• Power outage

• Lost items