EverFi Bundled Exams Module 1 -10 Questions and Answers Already Passed

everfi module 1 Questions and Answers 100% Pass which of the following is NOT a common feature of a financial institution? access to investment products, investment trading, access to investment advice which of the following statements about check cashing companies is TRUE? they charge high fees w...

EverFi Module 1 - Savings - Final Quiz Answers Already Passed Key * = correct answer 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.) C...

Insurance EverFi module 7 questions and answers 100% pass an example of a risk management strategy is... both a and c what is a risk management strategy you could use to protect your home? a and b how is having a security system for you home a risk management strategy? the security system will ale...

EverFi financing higher education module 6 questions and answers already passed all of the following are true about why it is important to complete the free application for federal student aid (FAFSA) process EXCEPT : it allows you to be eligible for early admission what has the biggest impact on ...

EverFi module 1-6 (business finance) questions and answers graded A which of the following is NOT a common feature of a financial institution? access to investment products, investment trading, access to investment advice which of the following statements about check cashing companies is TRUE? they...

Everfi Module 2 Questions and Answers with Verified Solutions Which of the following is a primary responsibility of the Federal Reserve Bank? Establish monetary policy Which of the following represent typical account fees: ATM, Service, Minimum balance? All of the above Which type of financial ins...

Everfi Module 3 Questions and Answers Graded A What is a Money Order? A way to pay up front so the check can't bounce What is a debit card? A card linked directly to your bank account What is a cashier's check? a check that comes directly out of your bank account, usually for a fee What is a cr...

Everfi Module 5 Questions and Answers Already Passed What education level has the highest return on investment (ROI)? Bachelor's Degree (4 years of college) When referring to student loans, what is a grace period? The period after graduating or leaving school before you must begin paying back stud...

Everfi Financial Literacy- Module 5 - Higher Education - Final Quiz Questions and Answers Which of the following statements about federal student loans is TRUE? A) The interest rate on your loan will be fixed over time. B) The interest rates on federal loans and private loans are similar. C) You ca...

Everfi Module 8 Questions and Answers 100% Pass Consumer protection laws are meant to: Prevent unfair or deceptive business practices. What is the FIRST action you should take if you suspect there has been a fraudulent charge on your credit card? Contact the credit card company to report the fraudu...

Everfi Module 9 Investing Questions with Complete Answers If an employer does not offer a retirement plan, what might be another way to save for retirement? D Both A and B What is the primary reason to issue stock? B to raise money for the company Which of the following would be considered the hi...

Everfi Module 10 Questions and Answers Rated A Risk and Return The higher the risk, the higher the potential return of any money you invest. The lower the risk, the lower the potential return. Rate of Return The ration of the money you gain on an investment in relation to the amount of money that w...

Everfi Module 3 Payments Questions and Answers 100% Pass Paying more than the minimum payment can help you get out of debt faster If you're already in debt, try to avoid missing a credit card payment, as it can lead to additional late fees and even raise your APR The average minimum payment only ...