1. Which option is an investment with compound interest?(1 point)

A. a rental property

B. a checking account

C. a mutual fund following the S&P 500

D. a savings account


2. Which of these is considered a financial market?(1 point)

A. Sotheby’s auction

B. New York Stock Exchange

C. J.P. Morgan Chase

D. Ferrari dealership


3. Which of the following is not a characteristic of a typical bank savings account?(1 point)

A. no restrictions on money withdrawals or deposits

B. savings are easily accessible for the customer

C. a high interest rate

D. an average of 0.05% interest with no other restrictions


4. Which of the following are considered to be capital gains?(1 point)

A. the new value of a stock after the market closes

B. the profit earned on the sale of an asset which has increased while it was owned

C. the money lost when a stock is sold for less than it was purchased for

D. the interest earned from a government bond