Finance Questions
Explore questions in the Finance category that you can ask Spark.E!
For most consumers, a home loan represents the ___ transaction they will ever make.
________ loans are offered by independent businesses as an advance on the customer's paycheck.
Three steps to build wealth include 1) Have enough income to invest, 2) Make a plan, and 3) Put money to work by investing
In the left column, rank the investments highest (#1) to lowest (#5) to show how they compare according to the potential for return- Balanced Mutual Fund- Certificate of deposit- Money Market Deposit account- Start-up stock- US Savings Bond
If you buy Hershey stock, you share ownership in the company and you can vote on the types of chocolate that will be produced
In the left column, rankthe investments highest (#1) to lowest (#5) to compare the riskof the investments.- Collectible- Corporate Bond- Mutual Fund- Savings Account- Stock
The best time to start investing is after working on a job full-time for at least five years
Minors have to wait until they are adults before they can buy and stocks and bonds
Although he is only 17, Sean can invest in a retirement fund because he earns income from his summer job at the health club
Most wealthy people have gained their fortunes by winning the lottery or inheriting a large sum of money.
Earning interest on previously earned interest plus the principal amount
Kendra just received a promotion with a nice raise. She has her spending plan under control, so she decides to adjust her long-range investing plan now that she can take on more investment risk. Which one of the following types of investments potentially has the highest riskand is most likely a higher rate of return for Kendra?
Something of value thatcan be changed into cash
Kyle isn't willing to take much risk with his money as hesets money aside to use when he buys a car next year. Which one of thefollowing types of investments potentially has the lowestinvestment riskwhile also growing in value?
Spreading your money among different savings and investments
Asystem where the public can buy or sell stock shares
As Koneta decides how to invest her money, which one of the following options is most likely to grow at a rate higher than inflation?
The time value of money can best be explained using which one of the following concepts?
Monica starts a mutual fund with $500 and adds $500 to her mutual fund every year for anothernineyears. Mason decides to wait 10 years so he cansave up a lump sum of $5,000 to invest at one time in a mutual fund. If both Monica and Mason earn on average of 7 percent APY, who will have the larger mutual fund balance in 20 years?
Given the same principal amount and interest of 1.3 percent APY for all options below, which option will earn the most interest over three years?