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Business Quiz 1



Business Quiz 1 Question 1 Which of the following statistics concerning women are NOT true? Question 2 Which of the following are considered to be key elements to effective debt management? Question 3 Which of the following statements about women is true? Question 4 Which of the following is not true regarding investing in stocks? Question 5 Sabrina is a recent college graduate and she is 25 years old, single with no dependents. If she were to place $100 a month into an IRA that earns 12% per year, how much would she have accumulated in 40 years? Question 5 answers Question 6 What is a smart thing for married women to do regarding their personal financial situation? Question 7 Which of the following is not one of the “keys to financial success” as outlined in Chapter 18 of your textbook? Question 8 According to your textbook, what will the typical college graduate do during the first 10 years after graduation? Question 9 Which of the following does a budget help you accomplish? Question 10 Suppose that immediately after graduation you invested $3,000 each year for 10 years and nothing thereafter. You could earn 10% on this money. How much would you have on deposit in 40 years when you retired (30 years after the deposits stopped)? Question 11 Which of the following is not true, according to Stanley and Danko in their book “The Millionaire Next Door: The Surprising Secrets of America’s Wealthy”? Question 12 What challenges to personal financial planning does marriage present? Question 12 answers Question 13 Which of the following are benefits to staying married as outlined in Chapter 18 of your textbook? Question 14 Suppose that you want to purchase a home. Your lender has told you that the standard limit for your total debt limit ratio is ________. Question 15 Part of Life Event number 1, Getting Started, is laying the groundwork for your financial goals. Which of the following are part of laying the groundwork? Question 16 You are considering purchasing a new home and will be subject to the generally accepted total debt limit ratio. You earn $3,000 gross income each month and have a car payment of $400. What is the maximum payment on your mortgage that would be allowed? Question 17 Why is it more difficult for women to plan for their retirement than it is for men? Question 18 What is the importance of understanding the financial life cycle? Question 19 Debt is being marketed to adults as much as toys are to children. What are some of the results of this? Question 20 What is a reason discussed in your textbook highlighting why a newly married couple would want to establish separate checking accounts? Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help


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