S&P Global Survey by GLEF | Financial Literacy | Sweat Your Assets Flashcards

1

You put money in the bank for two years. The bank agrees to add 15% per year to your account. The bank will:

2

You have 100 US dollars in your bank. The bank adds 10 % per year for 5 years. How much money will you have in 5 years?

3

Suppose you have some money. Is it safer to put your money into..

4

In 10 years, the prices of the things you buy will double. Your income will double as well.

5

Suppose you need to borrow 100 US dollars. Which is the lower amount to pay back?

S&P Global Survey by GLEF | Financial Literacy | Sweat Your Assets