Step 8 of 8
Money Check!
Test what you learned in Chapter 6.
4 questions
Pick an answer to start
1. Which statement about investing is correct?
2. You need money for tuition in six months. What matters most when choosing where to keep it?
3. A friend invites you to an "investment" that promises 10% a month, guaranteed, plus bonuses for every person you recruit. What should you do?
4. True or false: An investment that earned 8% a year in the past will keep earning 8% every year.
“Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it.”