Reference no: EM133227518

1. If a person's risk tolerance is low, what investments should they consider?

a) Savings and money market savings accounts

b) Corporate bonds

c) Investment real estate

d) collectibles

2. Which loan repayment plan is based solely on annual income?

a) extended repayment plan

b) income-sensitive repayment plan

c) standard plan

d) graduated repayment plan

3. Repayment of federal student loans typically begins within what time period of completing school or dropping below half-time status as a student?

a) 6 months

b) 9 months

c) 1 year

d) 2 years

4. Max has monetary assets that total $1,500 and monthly living expenses that total $2,000. What is his emergency fund ratio?

a) 1.33

b) 1.45

c) 0.75

d) 1.25

5. Which of the following is an inflation-adjusted return?

a) annual percentage yield (APY)

b) Nominal rate of return

c) Real rate of return

d) liquidity yield

6. Which of the following is the amount that the insured individual must pay before the health insurance company will contribute any funds to pay the medical bills?

a) copayment

b) deductible

c) premium

d) coinsurance