Unit 4 Review
By Earl Armstrong
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Last updated almost 2 years ago
10 Questions
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.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.
Round to two decimal places. No commas or $.