Circle how you are feeling this morning :)
CMB 10.1-10.2 Review

Quiz
•
Mathematics
•
12th Grade
•
Medium
Kelli Jenkins
Used 1+ times
FREE Resource
13 questions
Show all answers
1.
DRAW QUESTION
3 mins • 1 pt
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the name of a savings account that offers higher interest rates, but in which a person's money must stay deposited for a specific amount of time?
CD
Money market account
Savings account
DVD
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the type of fee charged for withdrawing money from a CD before the date of maturation?
Liquidity fee
Early redemption fee
FDIC fee
DVD fee
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: CD ladder is the name of the investment strategy in which a person invests equal amounts in different CDs with different maturity dates.
True
False
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Suppose you buy a CD for $300 that earns 3% APR and is compounded quarterly. The CD matures in 3 years. How much will this CD be worth at maturity?
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Suppose Maurice buys a CD for $400 that earns 2.5% APR and is compounded monthly. The CD matures in 3 years. How much will Maurice's CD be worth at maturity?
Use the online compound growth calculator.
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the name of a financial product offered by insurance companies to which a person makes contributions and immediately or later begins receiving payments?
CD
Annuity
Money market account
DVD
Create a free account and access millions of resources
Similar Resources on Quizizz
11 questions
12 General Maths Compound Interest formulas

Quiz
•
12th Grade
13 questions
Quiz Review: Average daily balance

Quiz
•
9th - 12th Grade
10 questions
12 General Unit 4 Topic 1 (part 2) 2020

Quiz
•
11th - 12th Grade
15 questions
Fin Alg Types of Interest

Quiz
•
12th Grade
10 questions
Credit Card Review CC

Quiz
•
12th Grade
11 questions
3.2 Loans

Quiz
•
11th - 12th Grade
10 questions
101_4B_notes_quiz

Quiz
•
12th Grade
15 questions
CM Un2Wk3 - Online Banking & Safety

Quiz
•
11th - 12th Grade
Popular Resources on Quizizz
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade