Fhce exam 3 - Study guides, Class notes & Summaries

FHCE 3200 Exam 3 Quiz Questions With Complete Solutions

FHCE 3200 Exam 3. Questions and answers, verified/ - assets with potential to make a higher return over time - mutual funds, stocks, and bonds - -Level 2: Investments - easy to buy - easy to redeem - tax advantaged - safe - -savings bond

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...

FHCE Exam 3 Questions and Answers 100% Pass More than ______________ teens are unable to make simple, everyday choices about spending - Answer- 1 in 6 Only ____________ teens can solve complex financial tasks. - Answer- 1 in 10 ______________ percent of US students do not even reach the baseline level of financial proficiency - Answer- 17.8 Financial Literacy and Education Commission - Answer- established under the Fair and Accurate Credit Transactions Act of 2003 What was the Financial ...

FHCE 3200 Exam 3 Quiz Questions & Answers/ Rated A+ b. FALSE - -TRUE or FALSE: A Roth IRA qualifies for the IRA tax deduction found on the 1040 tax form. a. TRUE b. FALSE a. Universal Transfer to Minors Act - -Erin, a good friend of yours, would like to transfer a boat she inherited to her nephew who is 9 years of age. She heard that there is a way to go about doing this but is unsure. What type of custodial account will she need? a. Universal Transfer to Minors Act b. Universal Be...

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...

FHCE 3200 Exam 3 Quiz Questions with 100% Correct Answers TRUE or FALSE: A Roth IRA qualifies for the IRA tax deduction found on the 1040 tax form. a. TRUE b. FALSE - Answer- b. FALSE Erin, a good friend of yours, would like to transfer a boat she inherited to her nephew who is 9 years of age. She heard that there is a way to go about doing this but is unsure. What type of custodial account will she need? a. Universal Transfer to Minors Act b. Universal Bequest to Minors Act c. Univer...

FHCE 3200 Exam 3 Quiz Questions with 100% Correct Answers TRUE or FALSE: A Roth IRA qualifies for the IRA tax deduction found on the 1040 tax form. a. TRUE b. FALSE - Answer- b. FALSE Erin, a good friend of yours, would like to transfer a boat she inherited to her nephew who is 9 years of age. She heard that there is a way to go about doing this but is unsure. What type of custodial account will she need? a. Universal Transfer to Minors Act b. Universal Bequest to Minors Act c. Univer...

FHCE 3000 Exam 1, Questions and answers, rated A+ What are the 3 internal views of the financial world? - -1. Financial risk tolerance 2. Financial knowledge 3. Feelings of control The ability to understand personal finance information - -financial knowledge Is your willingness to engage in financial endeavors that have uncertain outcomes. - -financial risk tolerance

FHCE 3100 Exam 3| 161 Questions| With Complete Solutions