Personal finance final - Study guides, Class notes & Summaries

Personal finance final exams questions and answers

Personal Finance Final Exam with all solutions complete Personal Financial Planning. Goals Values Liquidity Asset Service. Good Opportunity cost Economics Economy Supply Demand Federal Reserve System Inflation Consumer Interest Time Value of Money Principle it. Future Value Annuity Present Value Job Career Standard of Living Trends Potential Earning Power Aptitudes Interest Inventories Demographic Trends Geographic Trend Service Industries

Which statement is correct regarding mutual life insurance companies? - ANSWER A mutual company refunds part of the premium to its policyholders. Economics is the study of using money to achieve financial goals. T or F. - ANSWER False. Which type of health insurance is notoriously a poor value? - ANSWER Dread disease. When prepping a bank reconciliation, interest earned on your checking account is added to the bank statement balance. T or F. - ANSWER False. The ability to repay (ATR)...

Which statement is correct regarding mutual life insurance companies? - ANSWER A mutual company refunds part of the premium to its policyholders. Economics is the study of using money to achieve financial goals. T or F. - ANSWER False. Which type of health insurance is notoriously a poor value? - ANSWER Dread disease. When prepping a bank reconciliation, interest earned on your checking account is added to the bank statement balance. T or F. - ANSWER False. The ability to repay (ATR)...

Personal Finance Final Exam Study Guide Questions and Solutions The main goal of personal financial planning is: Who is most likely to benefit from inflation? The Fed refers to: Some savings and investment choices have the potential for higher earnings. However, these may also be difficult to convert to cash when you need the funds. This problem refers to: A question associated with the saving component of financial planning is: When an individual makes a purchas...

Abuse Prevention and Consumer Protection Act of 2005 - Individuals are now required to be involved in some form of government-approved credit counseling before declaring bankruptcy Annual Percentage Rate - Percentage of the total credit card bill that companies charge for loaning cardholders the money Do all states require income tax? - No Excessive debt does not contribute to which of the following? - Self-Sufficiency How do tracking and targeting work together? - Tracking monitors the pr...

Fire Fighter 2 Final Exam Study Guide IFSTA, Questions & Answers. ( All Chapters 1-27)-A(An) _____ concept allows all responders to use a similar, coordinated approach with a common set of authorities, protections, and resources. - all hazard Which duty is a Fire Fighter I expected to perform? - Forcing entry into a structure Which statement describes the difference in the roles of a Fire Fighter I and a Fire Fighter II? - A Fire Fighter I works under the direct supervision of a Fire Fight...

Economics And Personal Finance Final Exam

Personal finance final exam Test with correct Answers annual fee annual percentage rate ATM bank bankruptcy bond budget capital gain capital loss career cash flow chapter 7 chapter 13 checking account compound interest coverage limit credit credit history credit limit credit report credit score credit union debit card debt

Personal Finance Final Exam Questions and Answers 100% A mortgage loan is a loan you would take out to buy a... Which of the following could be required with a mortgage loan? What doesn't affect a monthly mortgage payment? The principal of a mortgage loan How are balloon payment mortgages different from traditional mortgages? Which is not a type of mortgage loan? What determines the amount of the down payment required for a mortgage loan? What are benefits of a fixed rate mor...