Wise practice test 2 2025 - Study guides, Class notes & Summaries

WISE Practice Test 2 Exam Questions With 100% Correct Answers 2024/2025 What should a person do when he believes he is being charged too high a rate of interest for a loan by a lending institution? - answerNotify the lending institution about state usury laws. Which is the best example of a way to reduce fees paid for ATM transactions? - answerWhen making supermarket purchases with a debit card, a person adds $50 in cash to the transaction instead of using an ATM machine. A person owns a ...

WISE Practice Test 2 | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS What should a person do when he believes he is being charged too high a rate of interest for a loan by a lending institution? - Answer -Notify the lending institution about state usury laws. Which is the best example of a way to reduce fees paid for ATM transactions? - Answer -When making supermarket purchases with a debit card, a person adds $50 in cash to the transaction instead of using an ATM...

Wise practice test #2 Exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS Matthew and Alicia just had a baby. They received money as baby gifts and want to put it away for the baby's college tuition. Which of the following has the "lowest" potential growth rate over the next 18 years? - Answer -Savings accounts A savings account earns the greatest amount of money when the interest on the account is compounded. - Answer -daily Money for saving, investing,...

National Board Review: Mortuary Law Practice Test 1&2 | Questions and Correct Answers | Latest Update 2024/2025 Which of the following is a good ethical behavior in regard to treatment of the deceased: - Answer -cleanliness in the prep room It may be prejudicial to public morals, dangerous to life, or injurious to public rights: - Answer -nuisance per se Which of the following acts was enacted to protect groups from substandard wages and excessive working hours: - Answer -Fair Labor St...

Wise Test practice review #2 Investing | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS The owner would share - Answer -80 shares of the stock and the price of each share is $40 A: exempt from state and local taxes. - Answer -Question 1 : The interest earned on United States Series EE Savings Bonds is C: brokerage firm is lending the investor 50% of the money. - Answer - Question 3 : Using a brokerage firm, a qualifie

Wise Practice Test Exam Questions With 100% Correct Answers 2024/2025 Us currency Not backed by gold; has value based on the confidence in and strength of the us government Barter Exchange with goods and services, not money Role of the us department of treasury Printing money Factors that influence income Job opportunities, employment developments, inflation & deflation, recession & depression, taxation Type of imvestment where interest rates may increase Short term sav...

Wise practice test Credit Exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS When a person declares bankruptcy that fact will appear on the person?s credit report - Answer -B: for a 10 year period. uestion 2 : A person has three credit cards with very large outstanding balances and is unable to make payments on any of them. Which action should the person take? - Answer -C: Notify the credit card companies in order to negotiate a new payment plan. Question 3 : W...

Wise practice test #2 Exam Questions With 100% Correct Answers 2024/2025 Matthew and Alicia just had a baby. They received money as baby gifts and want to put it away for the baby's college tuition. Which of the following has the "lowest" potential growth rate over the next 18 years? Savings accounts A savings account earns the greatest amount of money when the interest on the account is compounded. daily Money for saving, investing, or spending cannot be from: Capital losses fr...

WISE- Practice Test #2 – Investing Exam Questions With 100% Correct Answers 2024/2025 A pharmacy is to drugs as the American Stock Exchange is to: A. Interest B. Stock advisors C. Securities D. Mutual funds - answerC Reason A pharmacy, run by a licensed pharmacist, is authorized by a state government to fill prescription orders. A stock or bond exchange is where registered stockbrokers buy and sell securities such as stocks or bonds (fill orders) for investors. Exchanges are similar...