Certificate of deposit cd - Study guides, Class notes & Summaries

Test Bank for Engineering Economics Financial Decision Making for Engineers Canadian 6th edition TEST Bank Engineering Economics 6 th Edition Niall M. Fraser Elizabeth M. Jewkes Mehrdad Pirnia Engineering Economics, 6e (Fraser/Pirnia) Chapter 1 Engineering Decision Making 1.1 Multiple Choice Questions 1) Evaluation of an engineering project involves the following constraints A) financial, environmental, social and political constraints. B) technical and financial constraints. C...

Earned Income Income derived from active participation in a trade or business, including wages, salary, tips, commissions and bonuses. Unearned Income Any income that comes from investments and other sources unrelated to employment services. Examples: interest from a savings account, bond interest, alimony, and dividends from stock Exemptions (aka allowance) and how they work If you are not claimed as a dependent on another taxpayer's return, then you can claim one personal ...

Insured Deposits Correct Answer-Deposits that are held as cash in a bank or credit union that are insured against loss by another company Demand Deposit Correct Answer-Deposits from checking and savings accounts which can be demanded at any time without advanced notice Certificate of Deposit (CD) Correct Answer-Savings certificate promising the holder of the CD a specific rate of interest Money Market Instruments Correct Answer-Short maturity debts issued by governments, large companies...

Wise Financial Literacy Practice Test with Complete Solutions What do banks typically do with the funds deposited into savings accounts? A. Use them to purchase government securities B. Invest them in international markets C. Provide loans to individuals and businesses D. Store them in reserve for emergencies C. Provide loans to individuals and businesses. Banks act as intermediaries, channeling funds from savers to borrowers. Which type of financial instrument may offer divid...

Virtual SC Economics CP Final Exam with Complete Solutions ___________ protect consumers against harm from products on the market a) franchises b) profit motives c) private property rights d) government regulations Correct Answer: D 19-country common market for eastern and southern Africa a) European Union b) NAFTA c) COMESA d) ANC Correct Answer: C A general rise in the level of prices over time is known as a) a catalyst b) voluntary exchange c) profit d) inflation Cor...

1. Investment Advisory Representative (IAR) correct answers 1. Upon passing the series 65 the agent may represent an registered investment adviser (RIA) and receive fee based compensation. The fee based compensation may be based on a percentage of the assets under management or as an hourly or flat fee for providing a personalized financial plan. There are no prerequisites for taking the series 65 exam and the candidate does not need to be sponsored by a FINRA member firm to take the test. 2....

General Financial Literacy Course - Utah, Financial Literacy State Test Latest Update Graded A+ 401K A qualified plan established by employers to which eligible employees may make salary deferral (salary reduction) contributions on a post-tax and/or pretax basis. Employers offering a 401(k) plan may make matching or non-elective contributions to the plan on behalf of eligible employees and may also add a profit-sharing feature to the plan. Earnings accrue on a tax-deferred basis. 4...

A charge for writing a check when there was not enough money to cover it is called - Overdraft charge A college graduate will - Earn three times more than a high school graduate over a lifetime A dollar tomorrow is worth - less A line of credit is - The maximum dollar amount of credit the lender has made available. An example of a fixed expense is - a mortage An example of a variable expense is a(n) - an electric bill APR is - Annual Percentage Rate Assets - Physical items and financial ...

FHCE 3200 Exam 3 Questions and Answers 100% Pass risk - Answer- the possibility of losing money if --prices increase over time --a company in which your invest closes --general interest rates increase --you cannot sell something you own due to a weak market inflation risk - Answer- prices increase over time business risk - Answer- a company in which you invest closes interest rate risk - Answer- general interest rates increase (reduces the values of investments) liquidity risk - Answe...

3 credit bureaus - experian equifax trans union A line of credit - the max dollar amount of credit the lender has made available Annual Interest - The amount of interest to be paid each year. APR - Annual percentage rate; the annual rate of interest that is charged for using credit APY - Annual Percentage Yield describes interest paid to a saving account or certificate Assets vs. Liabilities - What you own vs what you owe Bank accounts - checking, savings, and interest-bearing accounts ...

You are opening a savings account that earns compound interest. Which compounding frequency will earn you the MOST money? A.) Compounding 1 time a year B.) Compounding 4 times a year C.) Compounding monthly D.) Compounding daily - D Which of the following accounts will give you the LEAST access to your money? A.) Simple savings account B.) Certificate of Deposit (CD) C.) Checking account D.) Cash - B Tamara has $500 she is looking to save for a class trip. She wants to earn the most p...