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Unit 3.1.2 Flashcards | StudBud
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Unit 3.1.2
APY =
what does it mean to "allocate" you investment dollars
Unit 3.1.2
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1
what does it mean to "allocate" you investment dollars
choose where you will spend your investment profits
choose which assets to liquidate
choose how to allocate your allocation
choose where your investment dollars will be placed
2
APY =
annuity percentage year
annual percentage yield
alumni peoples yokel
annual prortated yield rate
3
Which will have the higher interest rate
YAPPY
APR
APY
ARPY
4
a Disadvantage of having money in a CD
your money is locked in for a certain amount of time
you will never get the principal returned to you
you receive higher returns than savings accounts
your money is stuck in a compact disc player
5
which one includes compound interest
APY
NPR
APR
AY Yo
6
which of the following is NOT something you would investigate before investing
rate of return
liquidity
derivatives
risk
7
an asset with a goal of generating income
money market accounts
investment
certificates of deposit
inverse savings
8
APR =
annual percentage range
annual percentage rate
annual percentage ratio
annual president retreat
9
Deposit $100 in Savings w/ 10% interest. After 1 mo. , = $110. After 2 mos. , = $121. After 3 mos, = $133.10.
compound adjective
simple interest
compound interest
simple math
10
if you owe money on a student loan, you would rather pay back with
compound interest
simple minds
simple interest
compound fractures
11
an Advantage of having money in a CD
higher rate of return than savings accounts
lower annual brokerage fees
higher risk returns than other savings strategies
lower rates of return than other investments
12
a CD (in financial literacy) is ...
certificate of deposit
cycled deposits
corrupt divdend
compact disc
13
the average return on investments you should expect in a year is
$10
10%
100%
5%
14
which is the most liquid asset?
house
stocks
art collection
car
15
which of the following provide access to investment opportunities?
brokerage firms
all are correct
banks
insurance companies
16
set money aside for future use
savings
savoir faire
stock markets
investments
17
an advertisement for a credit card will promote the
API
APR
ARP
APY
18
interest you earn on interest
compound interest
simple interest
conjunctions
compound sentences