Rate of return for long term investments

Rate of return for long term investments

9th - 12th Grade

9 Qs

quiz-placeholder

Similar activities

Unit 10 Review: Financial Literacy

Unit 10 Review: Financial Literacy

7th - 9th Grade

12 Qs

Compounding Interest

Compounding Interest

9th - 12th Grade

11 Qs

Importance of Investing and Saving

Importance of Investing and Saving

12th Grade

13 Qs

CMB_ U4 L3-L5 Review

CMB_ U4 L3-L5 Review

11th Grade

13 Qs

Exponential Growth and Decay

Exponential Growth and Decay

9th - 10th Grade

12 Qs

Investing Your Money - Flocabulary

Investing Your Money - Flocabulary

9th - 12th Grade

10 Qs

Mastering Simple Interest: Time and Rate Challenges

Mastering Simple Interest: Time and Rate Challenges

7th Grade - University

10 Qs

Rate of return for long term investments

Rate of return for long term investments

Assessment

Quiz

Mathematics

9th - 12th Grade

Medium

Created by

Rebecca Bates

Used 5+ times

FREE Resource

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You can become a millionaire by investing under $50 a week for 50 years.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Investing is the same as saving.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you want to make a lot of money in an investment, it is best if you have a long period for it to grow.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

If you invest $100 per month at 15% interest for 10 years,approximately how much will you have total at the end?

Between $27,000 and $28,000

Between $12,000 and $14,000

Between $49,000 and $50,000

Between $120,000 and $130,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

If you invest $100 per month at 10% interest for 20 years,approximately how much will you have total at the end?

Between $27,000 and $28,000

Between $76,000 and $77,000

Between $49,000 and $50,000

Between $120,000 and $130,000

6.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

If you invest $100 per month at 10% interest for 50 years,approximately how much will you have total at the end?

Between $27,000 and $28,000

Between $76,000 and $77,000

More than $1,500,000

Between $120,000 and $130,000

7.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

If you invest $400 per month at 8% interest for 40 years,approximately how much will you have total at the end?

More than a million dollars

More than a billion dollars

A little bit less than a million dollars

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these statements could be the theme of today's lesson?

If you start early and invest your money, you could be a millionaire eventually.

It is really hard to become a millionaire in your lifetime.

You can become a millionaire in the next few years by investing a few dollars a month.

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you want money in the future, why is investing better than saving?

Investing can help your money get ahead of inflation

Investing can make your money grow a lot more than just saving can

Investing takes advantage of the wonder of compound interest

All of these are true