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Edit PF Final Review Flashcards | StudBud
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Edit PF Final Review
Edit PF Final Review
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Flashcards
31 cards
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Practice quiz
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Questions
31
Answers
1
The rule of _____ is how you figure out when your money doubles.
16
100
72
27
2
What are two ways you can profit from stock?
Buy it, Sell it
Appreciation and Dividends
Depreciation and insider trading
Divide and conquer
3
In the equation I=PRT, P stands for...
principle
pin number
participation certificate
profit
4
What does S.E.C. stand for?
Southeastern Conference
Software Engineering Center
Second
Securities and Exchange Commission
5
The total amount of money loaned to an individual...
Time Value of Money
Installment Credit
Present Value
Principle
6
What should you do when you get your paycheck?
Take a selfie of you and the check
Go to the mall
Give it away
Pay yourself first (save/invest)
7
What is a firm that provides investors access to the stock market?
brokerage
portfolio
commission
compounding
8
An example for "Pay yourself first" is
go on vacation
Once you get paid, go shopping
Paying your bills first
Save and invest your money
9
Parts of a resume should include name, address,...
School mascot
a great e-mail address like
[email protected]
Type of phone
Education
10
Utter financial ruin, failure, depletion, or the like...
cash inflow
bankruptcy
inflation
credit
11
The "i" in A=P(1+i)^n stands for...
the time value of money
interest rate
interest rate in percent
interest simplified
12
What is the maximum amount of protection provided to a bank by the FDIC?
$150K
$200K
$100K
$250K
13
Which of the following terms is one of the 5 C's of credit?
Compounding
Commision
Cash inflow
Character
14
What is T in the formula I=PRT?
Interest
Time in years
Time
Amount in accout
15
Chik-fil-A is an example of a _________.
Private Corporation
Bear Market
Public Corporation
Bull Market
16
What is the principle when you borrow? (I=PRT)
the amount you borrow
the amount you pay back
The preset maximum amount of money you can borrow
It is used for specific purchases, but allows time to repay
17
Diversification means...
Don't put all your eggs in one basket
invest in one stock
Put all your money in a shoebox
don't put all your baskets in one
18
Formula for compound interest is...
y=mx+b
A=P(1+i)^n
a^2+b^2=c^2
I=PRT
19
A master's degree also known as a (an)______________degree.
Prep
Bachelors
Professional
Associates
20
What does ATM stand for?
Automatic Teller Making
Automated Teller Machine
Automated Telomated Money
Automated Talking Machine
21
People who own stock in a public company are...
bondholders
dividends
on crack
shareholders
22
A bull market is when...
stocks go down
nothing happens
stocks rise
a bull runs into Kroger
23
What is the purpose of your resume?
Admit you been to jail
Tell your life story.
Make a good first impression
Make up a complete lie
24
When you pay yourself first...
put money under your mattress
set aside money for college
give money to a hobo
set aside money for saving and investing
25
Training program where you acquire a skill while you are working (paid) in a trade field...
Internship
Certification
Apprenticeship
Accreditation
26
Saving is for your ______________term goals.
long
Friday's
short
college
27
The Dow Jones is an average of _____ stocks
72
500
71
30
28
An Individual's stocks and other investments...
Will
Portfolio
future value
Estate planning
29
What is a type of identity theft? (from vocab)
Head surfing
Scamming
Shoulder surfing
Cross-eye
30
In the equation A=P(1+i)^n, n stands for...
net pay
networking
number of years
net deposit
31
What is a credit bureau?
Organization collecting credit info to provide to lenders
Your record of how you used credit in the past
People who provide credit
Something that prohibits creditors from discriminating.
