personal finance
How much would $10,000 on deposit at a five percent annual simple interest rate for three years earn?
$1,500
Which of the following is an employer-sponsored retirement savings plan?
401K Plan
Which of the following is the minimum educational requirement for administrators and administrative support?
Bachelor's degree
Which of the following is the minimum educational requirement for professional support service careers?
Bachelor's degree
Which of the following types of returns are inversely related to interest rates?
Bond
Which of the following is a saving certificate with a fixed maturity date and specified fixed interest rate?
Certificate of deposit
Which of the following statements defines portfolio?
Collection of investments on marketable or non-marketable securities
Which of the following is interest calculated on the initial principal as well as the accumulated interest of previous periods?
Compound interest
Which of the following is a department created in 1867 by the United States government to regulate standards of teaching and training?
Department of Education
Which of the following is a risk management technique which spreads assets into a portfolio with a wide variety of investments?
Diversification
According to Rick Milton, which of the following types of investments were most likely to be in a portfolio in the early 90s?
Domestic stocks and bonds
Which of the following did Rick Milton NOT mention as one of the factors affecting the stock price?
Employee satisfaction
Which of the following is NOT true about hedge funds?
Hedge funds are better regulated than mutual funds
An increase in careers is NOT caused by which of the following?
Increase in education
Which of the following statements is true about investing?
Investing can maximize people's earning potential
Which of the following is a correct statement about mutual funds?
It is made up of a pool of funds collected from many investors
Which of the following describes the degree to which an asset can be quickly bought in the market without affecting the asset's price?
Liquidity
Which of the following is NOT a responsibility of professional support service careers?
Management of institutions
Which of the following is in the Administration and Administrative Support Pathway?
Principal
A parent educator is in which of the following pathways?
Professional Support Services
Which of the following involves restricting expenses and keeping the unspent money in one's own custody for the purpose of accumulating it?
Saving
Which of the following is considered to be a long-term goal?
Saving for a college education
Which of the following is NOT a task for teachers and trainers?
Set education standards
Coaching is in which of the following pathways?
Teaching and Training
Which of the following is NOT a task of administrators or administrative support?
Teaching in the classroom
