Unit 4 Review

Here's an outline of what you need to know for the multiple choice section:

• Definition of liquidity

• The specific features and restrictions of each savings tool (Checking Account, Savings Account, Money Market Account, Certificate of Deposit (CD))

• The savings tools ranked from least liquid to most liquid

• The use-case for each savings tool (When should you use a checking account? etc.)

• The time value of money

• Definition of compound interest

• "Pay Yourself First"

You can also review using the Kahoot: https://create.kahoot.it/share/unit-4-summative-review/46882dba-b42d-4994-9f40-8757f45f21eb

Below is practice for the math section.