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Money Management Flashcards | StudBud

Explore/Money Management

Consumer price index (CPI) is a measure the average change of prices over time.

What is a 401k?

Money Management

7 terms·StudBud Administration

Students will complete a vocabulary Quiz. Each one of the words will be displayed and the user will have to pick the definition of the word presented

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Questions 7

Answers

1
What is a 401k?
A company that helps to pay your taxes
An individual retirement account in the US
Employees can contribute a portion of their wages to individual accounts
A cash payment
2
Consumer price index (CPI) is a measure the average change of prices over time.
False
True
3
What is a 403b?
A cash payment
Employees can contribute a portion of their wages to individual accounts
A retirement plan offered by public schools and certain charites
A company that helps you pay your taxes
4
What is an Asset?
Things you own and sell
A cash payment
A retirement plan offered by public schools and certain charites
Anything that has current or future economic value to a business
5
Adjustable Mortgage has a fixed interest rate
False
True
6
What is Equity?
A cash payment
Cash flow
A company that helps you pay your taxes
The quality of being fair and impartial
7
A fixed mortgage is a home loan option with a specific interest rate
False
True