Topic Test – Flashcards

the annual interest the issuer promises to pay on the face value of a bond.

At the end of 4 years, how much money would you have in total if you invested $300 and earned 4.5% simple interest?

Real estate is among the safest investments for beginning investors.

Mutual funds offer an opportunity to invest in a variety of securities rather than just the one or two you might be able to afford as a single investor.

When setting realistic goals you should consider

Alissa would like to make a deposit into her savings account. She filled out a deposit ticket and handed it to the teller at her bank. The teller apologizes to Alissa and explains that she cannot accept the deposit ticket in its current form. Determine what, if anything, Alissa will have to change in order for her deposit ticket to be accepted.

The amount of uncertainty you can bear—related to the amount you can afford to lose and your comfort level with the possibility of loss.

a share in the ownership of a corporation.

Colin wants to set up an aquarium.. He already has a tank, but needs to purchase fish, filters, and plants. If the cost of the fish is $84.79, the filters usually cost $60.45 but Colin finds them on sale for $44.75, and the cost of the plants is $18.66, determine how much of Colin's $488.85 savings will be used to set up his aquarium.

An investment portfolio is the collection of stocks, bonds, and other securities a person owns.

Additional income one can earn over a long period of time from placing their money in a savings account.

Each of the following is an example of a flexible expense EXCEPT:

When there is a high degree of risk to an investment opportunity there is a greater chance for the investor to __________.

A form that instructs your broker to buy or sell a stock as you request, but ultimately at the best price available.

No matter what your financial situation, it is desirable to begin a savings program and insure against financial risks early in life.