Card that allows for paying for purchases directly from a checking or savings account.

Debit card payments are immediately deducted from the person’s bank account T/F?

Compounding only works with high-yielding investments T/F?

Term for a benefit given to an individual, business, or institution, usually by the government

Term for the date on which the principal amount of a note, draft, acceptance bond or other debt instrument becomes due

When discussing loans, the higher the APR, the less interest is paid. T/F??

Dividend: income can a person earn from savings accounts at a commercial bank? T/F?

Does graduating high school affect your credit score? Y/N?

Type of investment: tax-advantaged, retirement savings account that allows you to withdraw your savings tax-free

Term for the total return anticipated on a bond if the bond is held until it matures.

Suppose I don't like to take big risks and I wants to be able to access all of her money at all times. I also don't care much for earning much interest. What type of account should I invest my money in?

I tell my broker I wants to purchase 100 shares of Starbucks stock. What kind of order is this? (Stop, Sell, Buy, Limit?)

Which can you make more money from in the long run? Stocks or Treasury Bonds?

Does closing old credit cards help or hurt your credit score? Y/N?

Types of stocks that trade for less than $5

Roth IRA's are where many employers match employee pre-tax contributions into an investment account. T/F?

Inflation increases the buying power of money.T/F?

Credit Report: A list of your financial assets and liabilities T/F?

Do all credit cards have annual fees? Y/N?

In Roth IRAs, you can make withdrawals tax free. T/F?

Term for the rate imposed by the lender for the borrower to pay on a loan

If you have a traditional IRA or 401(k), you make contributions out of after-tax income and pay income tax at your current tax rate when you withdraw the funds. T/F?

Term for the amount of money an individual or business pays for an insurance policy

Type of Bond: a debt security that does not pay interest but instead trades at a deep discount, rendering a profit at maturity, when the bond is redeemed for its full face value.

Another way of saying Par Value...