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PERSONAL FINANCE FINAL EXAM QUESTIONS WITH CORRECT ANSWERS GRADED A+
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Baby iSteps i- iCORRECT iANSWER-7 isteps ito ia ihealthy ifinancial iplan 
 
Compound iInterest i- iCORRECT iANSWER-Interest ipaid ion iinterest ipreviously iearned; icredited idaily, imonthly, iquarterly, isemi-annually ior iannually ion iboth iprincipal iand ipreviously icredited iinterest 
 
Emergency iFund i- iCORRECT iANSWER-3-6 imonths iof iexpenses iin ireadily iavailable icash ito ibe iused ionly iin ian iemergency 
 
Interest iRate i- iCORRECT iANSWER-The ipercent ipaid ito ia ilender i...
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PERSONAL FINANCE FINAL EXAM GRADED A+ QUESTIONS AND CORRECT SOLUTIONS
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annual ifee i- iCORRECT iANSWER-fee icharged iby ia icredit icard icompany ifor ithe iuse iof itheir icredit icard 
 
annual ipercentage irate i- iCORRECT iANSWER-cost iof iborrowing imoney ion ian iannual ibasis; itakes iinto iaccount ithe iinterest irate iand iother irelated ifees ion ia iloan 
 
ATM i- iCORRECT iANSWER-Automatic iTeller iMachine-a ibank imachine ithat igives iout icash ifrom iyour iaccount iand iaccepts ideposits iaround ithe iclock. 
 
bank i- iCORRECT iANSWER-stores imoney ...
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PERSONAL FINANCE EXAM 1 WITH ALL QUESTIONS AND COMPLETE ANSWERS APPROVED
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Personal Finance - CORRECT ANSWER-process of planning, spending, financing, and investing so as to optimize your financial situation 
 
Personal Financial Plan - CORRECT ANSWER-A plan that specifies your financial goals and plans to achieve them 
 
Opportunity Cost - CORRECT ANSWER-What you give up as a result of a decision 
 
Financial Plan Components - CORRECT ANSWER-1. Budgeting and tax planning 
2. Managing your liquidity 
3. Financing your large purchases 
4. Protecting your assets and inco...
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PERSONAL FINANCE EXAM 100% VERIFIED QUESTIONS AND APPROVED ANSWERS
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What iis ian iexpense ithat iyou ican ichoose ito ispend ior ican iadjust? i- iCORRECT iANSWER-flexible 
 
What ido iyou igive iup iwhen iyou idecide ito iuse icredit icards? i- iCORRECT iANSWER-You igive iup ithe iability ito ispend iin ithe ifuture iin iorder ito ispend inow 
 
You ican icheck iyour icar's ioil ilevel iby ireading iyour icar's? i- iCORRECT iANSWER-Dipstick 
 
What iis ithe ihighest ipercentage iof ia ifamily's iincome ispent ion? i- iCORRECT iANSWER-house, icar 
 
What iis ...
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Personal Nutrition Review Exam Containing Question and Correct Answers 2024
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Personal Nutrition Review Exam Containing 
Question and Correct Answers 2024 
Trans-unsaturated fats - ANSWER A type of unsaturated fat present in hydrogenated 
oil 
- increase the risk of heart disease. 
Trans fat (increase) - ANSWER Increases harmful ; LDL and in large amounts 
Trans fat (decrease) - ANSWER Decrease helpful HDL 
Healthiest >>>> Least Healthy fats - ANSWER Polyunsaturated Omega-3 
Monounsaturated 
Polyunsaturated Omega-6 
Saturated fats 
trans-unsaturated fats 
Of t...
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PED3701 ASSIGNMENT 3 2024
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PED3701 ASSIGNMENT 3 
2024
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Personal Finance 2023 Test Questions and Correct Answers
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Personal Finance 2023 Test Questions and Correct Answers 
Dave Ramsey - Answer-Financial Guru we have studied this semester. 
 
Budget - Answer-Something you should do every month to keep track of your money. 
 
Personal Finance - Answer-The study of money for an individual. 
 
Landlord - Answer-Person who owns the home you are renting from. 
 
Accounts - Answer-Your bank houses these. 
 
Cash Value - Answer-The 
 
Gross earnings - Answer-After tax money 
 
APR - Answer-Annual percentage rate 
 ...
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