
Final Quiz 2024
Authored by Register Money
Life Skills
9th Grade
Used 3+ times

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52 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
If you invest money in the "Youth Investment ETF" at an annual interest rate of 9%, how many years will it take for your investment to double?
8 years
9 years
10 years
11 years
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
If you invest money in the "Safe Savings CD" at an annual interest rate of 4%, how many years will it take for your investment to double?
18 years
17 years
19 years
20 years
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
If you invest money in the "Rapid Return Mutual Fund" at an annual interest rate of 12%, how many years will it take for your investment to double?
6 years
5 years
7 years
8 years
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
If you invest money in the "Steady Growth Money Market Account" at an annual interest rate of 3%, how many years will it take for your investment to double?
24 years
25 years
23 years
22 years
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is a budget?
A plan for managing income and expenses
A type of loan
A place to save money
A method to invest money
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What does it mean to invest money?
To put money into something to earn more money over time
To spend it all
To keep it under your mattress
To donate it to charity
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is credit?
Money you borrow and must pay back later
Free money from the bank
A reward from a store
Money saved in a bank
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