Personal Finance Q3 DCA Review

Personal Finance Q3 DCA Review

9th - 12th Grade

18 Qs

quiz-placeholder

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Personal Finance Q3 DCA Review

Personal Finance Q3 DCA Review

Assessment

Quiz

Mathematics

9th - 12th Grade

Easy

Created by

David Kubotsu

Used 5+ times

FREE Resource

18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You are planning to save $30,000 for a down payment on a house in 7 years. Assuming an average annual return of 5% on your investments, which formula would you use to determine the present value you need to invest?

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following exponential functions represents an initial value of 1450 and a decay of 18% for x years?

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You wish to accumulate $50,000 for a retirement fund in 15 years. Assuming an average annual return of 6% on your investments, which formula would you use to determine the present value you need to invest?

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In March, 2020, before the Covid-19 lockdown, 1,200,000 Texans had applied for unemployment. During the COVID-19 lockdown, the number of people applying for unemployment increased by 4% each month. What exponential function can be used to find the number of people applying for unemployment after x months of COVID-19 lockdown?​

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

10380.91

$11612.92

14387.11

10125.65

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

$3037.69

$3484.85

$3091.25

$4034.67

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

$9570.62

$9963.60

$8147.68

$9424.55

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