Personal finance wise - Study guides, Class notes & Summaries

Personal Finance WISE Test questions and answers

Economics and personal finance wise test practice|Complete Questions with A+ Graded Answers A person receives a $200 gift card. It is important for the person to? Read the conditions on the card or packaging about inactivity fees Which is the most important question to ask when comparing credit car offers? What is the APR on the credit card A person had a car loan with a 10% interest rate. The loan would cost the least amount if it is paid back in? 3 years Which approach to mo...

Personal Finance WISE Test Questions and answers | Latest 2024/25 RATED A+

Economics and personal finance wise test practice|Complete Questions with A+ Graded Answers A person receives a $200 gift card. It is important for the person to? Read the conditions on the card or packaging about inactivity fees Which is the most important question to ask when comparing credit car offers? What is the APR on the credit card A person had a car loan with a 10% interest rate. The loan would cost the least amount if it is paid back in? 3 years Which approach to mo...

Inflation - ANSWER the rise in the level of prices for goods and services Time Value of Money - ANSWER the increase of an amount of money due to earned interest or dividends

WISE PRACTICE TEST- COMPLETE STUDY GUIDE QUESTIONS AND ANSWERS 2023 NEW UPDATE Question : To qualify for a Federal Housing Administration (FHA) loan, a person must generally A high school student has begun to investigate the field of finance as a career choice. In deciding about the field, the student should focus on which question first? A: Will I find a balance between financial rewards and personal satisfaction from work? A company offers a defined-contribution pension pl...

Economic and personal finance WISE Test

Personal Finance WISE Test questions and answers already passed If a person makes a deposit of $10,000 or more into a bank account, the bank must notify the: US Treasury Department The term used to describe the ease and speed with which you can convert savings or an investment to cash is: Liquidity Which financial product typically pays the highest rate of interest? Certificate of Deposit What action should a person take who must make a tuition payment at the end of August each year? Decide ...

Inflation - Answer the rise in the level of prices for goods and services Time Value of Money - Answer the increase of an amount of money due to earned interest or dividends Balance Sheet - Answer statement that identifies the items you own, what you owe, and your net worth Paying Yourself First - Answer the concept of setting aside a portion of your income for savings before spending any of it Commission - Answer a fee charged by a brokerage firm or investment bank to buy ...