Which option describes a bank savings account? (1 point)
• An account giving 0.05% interest with no other limitations
• A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
• A "basket" of money pooled in by many investors to acquire securities based on the value of cash.
• An investment in stocks.
An account giving 0.05% interest with no other limitations.
Which of the following is a certificate of deposit (CD)? (1 point)
• An account paying 0.5% interest with no other limitations.
• A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
• A "basket" of money pooled in by many investors to acquire securities based on the value of cash.
• An investment in stocks.
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest is a certificate of deposit (CD).
What does the abbreviation ROl stand for? (1 point)
• ratio of investment
• return on internal loan
• return on investment
• ratio of organic investment
Return on investment (ROI)
Which of the following is the safest investment? (1 point)
• stocks
• government bonds
• mutual funds
• cryptocurrencies
Government bonds are typically considered the safest investment option among the options listed.
Which of the following is an advantage of both direct stock purchase plans and employee stock purchase plans?
(1 point)
• option to buy stock at a discounted price
• access to research and financial strategies
• pretax payroll deductions
• lower set-up fees
An advantage of both direct stock purchase plans and employee stock purchase plans is the option to buy stock at a discounted price.
Identify a service that would be fulfilled by a local government. (1 point)
• managing state-wide higher education services
• filling potholes in a community
• defending the border from invasions
• resolving disputes between two states