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Focus on Personal Finance: Online Textbook Help Final Exam

Free Practice Test Instructions:

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

Question 1 1. Where are publicly traded stocks traded?

Question 2 2. What is the relationship between a borrower's credit score and their interest rate on a loan?

Question 3 3. Which does not represent a main type of mutual fund as described in the lesson?

Question 4 4. Which statement BEST summarizes the general history of interest rates?

Question 5 5.

Suzie's Superstores, Inc. wants to file bankruptcy. They are insolvent and want to re-organize their debt, but stay in business.

Which type of Bankruptcy proceeding will Suzie's Superstores most likely to use?

Question 6 6. The 1974 legislature that set forth better standards for the administration of retirement accounts, such as pensions, is known as the _____.

Question 7 7. Which of the following would be the best equation to use when calculating discretionary income?

Question 8 8. Single-family homes are best suited for who?

Question 9 9. Zack has a will in which he gives his bank account, his toy collection, his sister's house, and his horse to his children. Why is this not enforceable?

Question 10 10. Which of the following pieces of information is not recorded in a spending diary?

Question 11 11. Ivan forgets to treat his icy sidewalk before leaving his home for the day. While delivering a package to the house, the mail carrier slips and falls, injuring her back. Ivan's icy walkway is an example of _____.

Question 12 12. What is the database that agents are able to put your house on so that potential buyers, nationwide, can see your house?

Question 13 13. John has $10,000.00 that he wants to invest in an account that has an interest rate of 4% per year. At the end of 4 years, how much money will John's initial investment be worth?

Question 14 14. What does the acronym OASDI stand for?

Question 15 15. A young, female logger and middle age, male sales representative with a history of allergies and high cholesterol are both applying for life insurance policies. Whose policy will be more expensive and why?

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Focus on Personal Finance: Online Textbook Help Final Free Practice Test Instructions

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

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