*NURSING > A-Level Question Paper > Personal Finance WISE Test Questions & Answers 2024 (All)

Personal Finance WISE Test Questions & Answers 2024

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Usually, the more liquid an asset is (like cash in the bank), the less return you can expect. true false - True Be aware of any you might receive, but don't bank on it as a key part of your retirem... ent plan. A. Tax refunds B. Inheritance C. Bonus checks D. Additional work - B The three components of compound growth are money, time and . A. A large paycheck B. Investments C. Retirement D. Rate of return - D You should wait to be generous until you have money to give. true false - False What is the fifth foundation? A. Pay cash for your home B. Build wealth and give. C. Save for retirement. D. Pay cash for college. - B A security that represents part ownership of a company is call a(n) A. Stock B. Bond C. Certificate of Deposit D. Annuity - A When you invest in a mutual fund, you are contributing to a pool of money that will be... A. Given to hundreds of local charities in your area B. Invested in a mix of stocks, bonds and money market account [Show More]

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