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Financial Literacy Quiz! Flashcards | StudBud
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Financial Literacy Quiz!
Financial Literacy Quiz!
10 terms
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StudBud Administration
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Financial Literacy
Flashcards
10 cards
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Practice quiz
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Host live
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Questions
10
Answers
1
If you invest in the stock market in general... how long would it take for your money to double?
5 years
10 years
20 years
1 year
2
What’s the average age to retire?
70
65
55
60
3
You have to be good at math to pursue finance or accounting
False
True
4
Most people save enough for retirement
True
False
5
How much money should the average person have for retirement?
1 million
A billion dollars!
100,000
250,000
6
Tesla is one of performing stocks this year. Knowing that.... How much money did they make in 2019?
Zero. They didn’t make or lose money.
1 billion
A million
Negative. They lost money.
7
Chad makes as much money as a doctor or lawyer or engineer
True
False
8
If you invested $10,000 the day Amazon went public in 1997, how much would it be worth today?
ONE BILLION!
500,000
1 million
10-12 million
9
What is the average return of the stock market?
10-15%
5-10%
1-5%
What is the stock market?!
10
What percentage of your income should you save for retirement?
1%
Half
15-30%
10-15%
