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Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
show Money Market Account  
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You can deposit money into a account at any time.   show
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show cd  
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show fdic  
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show fdic  
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FDIC stands for   show
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show Equifax, Experian, and Transunion  
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Individuals are allowed to get a copy of their own credit report for free from these credit bureaus how many times a year?   show
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show consumer credit information and public records.  
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show 5  
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show 1. payment history 2. total amount owed 3. length of credit history 4. how much credit 5. what types of credit  
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show Personal Loans  
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show principle  
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A means the interest rate set at the time you take out the loan will be the interest rate you pay throughout the entire term of the loan   show
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show adjustable rate  
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show term  
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show secured loan  
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is an asset, usually what is being purchased, which the bank owns the rights to until the loan is paid in full   show
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show 1. application fee 2. attorney fee 3. credit history fee  
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show application fee  
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How much a person makes relative to how much they are obligated for is called   show
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show taxable, tax-deferred, and tax-exempt.  
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There are three areas you must consider when choosing an investment. They are:   show
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show return  
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When you buy a house you will make a down payment that is to percent of the purchase price.   show
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show 1.condo 2.co-op 3.single family  
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show mortgage payment, insurance, taxes, maintenance, and repairs.  
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show condo  
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show co-op  
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show 1.NASDAQ 2.Dow Jones 3.S & P 500  
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show 1. Low Risk 2. Limited Risk 3. Moderate Risk 4. High Risk  
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show low risk  
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investments are in companies and governments who are well established, pay dividends and are known for their consistent growth. investments are generally in companies who have room for growth.   show
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show moderate risk  
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show high risk  
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are a portion of a corporation’s assets paid to stockholders on a per share basis.   show
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show income stock  
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show growth stock  
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stocks sell for more than dollars per share and are usually stocks of a well established company that has predictable income with slow, but steady growth.   show
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are named as such because they usually hold their value better during downturns in the economy and the capital markets.   show
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represent a loan which is being made to a corporation or government entity by a group of investors.   show
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pay a specified amount of interest on a regular basis to the   show
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Corporations have , just like individuals.   show
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show diversifaction  
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show performance  
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show risk  
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In August of this year, you will be paid $10 per share you own of ABC stock. You own 750 shares and you do not plan on selling these shares at this time. How much will you earn in dividends on this investment?   show
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show $1,000 x 2,500 = $2,500,000  
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show 300 x $250 = $75,000 82,500 - 75,000 = 7,500 300 x $275 = $82,500  
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You purchased 900 shares of Apple stock for $150 per share in March. In June, you sell it for $115 per share. How much will you earn or lose on this investment?   show
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An investor owns 550 shares of ABC Company stock and its shares are trading at $90 per share. The company does a stock split of 3:1. How many shares will the investor now own? What will be the price per share?   show
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An investor owns 10 shares of Fedex Company stock and its shares are trading at $54 per share. The company does a stock split of 6:1. How many shares will the investor now own? What will be the price per share?   show
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An investor owns 50 shares of Ford Company stock and its shares are trading at $30 per share. After a stock split, the investor owns 150 shares and the shares are trading at $10 per share. What was the stock split?   show
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An investor owns 150 shares of Banana Republic Company stock and its shares are trading at $50 per share. After a stock split, the investor owns 300 shares and the shares are trading at $25 per share. What was the stock split?   show
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