WISE Test Remediation

Sue bought an expensive ring. What should she say to her agent about her homeowner's policy?

Who benefits the most from inflation?

The Truth in Lending Act of 1968 requires creditors to....

Why would you need to put a floater on your homeowner's policy if you buy the newest & best TV?

Collateral is.......

If you buy a 2 family house as an investment to rent out, your profits will be lower if the....

Jim has a college student loan to repay. His payments will span 10 years. This is a........

Ben's car is totaled by a hit-and-run driver. How will he receive payments?

Ann wants to store important papers and family jewelry. What is the best way for her to do that

What is one of the main reasons cigarettes are becoming more and more expensive?

Jon is buying insurance for the first time, What should he consider insuring against first?

Nic will travel to Asia for vacation. Which will NOT provide him protection during his trip?

Before the XYZ Corporation can issue stocks or bonds, it must register with....

What does a well designed, successful financial plan include?

If a person makes a deposit of $10,000 or more into a bank account, the bank must notify the...

The amount a lender charges to borrow money is called the......

Using a brokerage firm, an investor buys 1,000 shares of stock at $50/share on a 50% margin....

In terms of their finances, when a couple has a baby, they will.....

Which is the best example of a way to reduce fees you pay for ATM transactions?

A pharmacy is to drugs as the American Stock Exchange is to......

Which type of financial institution usually pays the highest interest rate on savings accounts?

The cost to use someone else's money for a period of time is called the.....

Can Kevin withdraw money from his IRA account?

If an account has $1,000 in it and earns $20/year interest, the rate of return is......

When someone brings an item to a pawn shop to obtain cash, the transaction is considered....

Which of the following is considered to be open-end credit?

Discretionary income is......

Which of the following will help you the LEAST in managing your money?

Consumer finance companies, which are often advertised on TV, are also known as.....

I want to open a checking account and wonder if they pay interest. How would you answer me?

A benefit of holding an investment for over a year rather than selling it in less than a year..

The "Rule of 72" is an easy way to.........

I'm reconciling my checking account and note my checkbook and statement balances don't match, I

The information a lender must disclose to customers applying for a cash loan is.......

The interest earned on a United States Series EE Savings Bond is......

How can you protect yourself against credit card fraud?

Buying a Treasury bill (T-bill) is best for investors who are looking for,,,,,,,,

When someone declares bankruptcy, that fact will appear on the person's credit report for.....

Why might rising interest rates depress stock prices?

You own stock that pays $2/share dividend. If you reinvest the $2, what does the money buy?

Amy owns a store and hopes no one falls and sues. What kind of insurance should Amy have?

What is considered the largest equities-based exchange in the world.

You have 3 credit cards all with large balances and can't pay any of them. What should you do?

Travelers checks, often used for vacations....

A person's debt ratio shows the relationship between debt and net worth. The lower the ratio...

To qualify for a Federal Housing Administration (FHA) loan, you must generally.....

The purpose of insurance is NOT to.....

The annual percentage rate (APR) is........

Another term for the dollar amount of your paycheck after taxes and other withholdings is....

Financial services and products generally offered by banks and credit unions are....

What is an uncollateralized loan?

The only type of life insurance that does not develop a cash value is......

If I budgeted $200 for clothes this month but only spend $150, this budget item would have a...

Insurance is frequently described as a method of "sharing the risk" because the........

I own common stock, a corporate bond, mutual funds and a T-bill. All of these are called my....

Money orders are......