Question 9
A) Which of these is described as an investment in a financial market? (1 point)
A. 30 shares of Tesla stock
B. A famous painting bought from a gallery
C. Money in a high-interest bank account
D. A Super Bowl ticket that you resell for a profit
Question 10
A)
At the end of the car model year, what source of financing for a new car would probably have the best terms?
(1 point)
A. a collateral loan from a bank
B. a collateral loan from the car company
C. a home equity loan
D. revolving credit line
Question 11
A) What factor is not used by FICO to calculate a score? (1 point)
A. Viewing of your own credit score
B. Payment History
C. Amounts Owed
D. Amount of New Credit
Question 12
A)
Which of the following will save you money over the life of your loan?
(1 point)
A.taking a loan with a longer termi
B.taking a loan with a higher APR
C. making a smaller down payment
D. making larger payments than required
Question 9
A) Which of these is described as an investment in a financial market? (1 point)
A. 30 shares of Tesla stock
Question 10
A) At the end of the car model year, what source of financing for a new car would probably have the best terms? (1 point)
A. a collateral loan from a bank
Question 11
A) What factor is not used by FICO to calculate a score? (1 point)
A. Viewing of your own credit score
Question 12
A) Which of the following will save you money over the life of your loan? (1 point)
D. making larger payments than required