Title: QUIZ: Life Goals -- Financial Capability
Course: Kelly's Copy-Export Course > Section: Life Goals -- Financial Capability

Q: Which of these is an investment plan, set up by an employer to help employees pay for expenses after they retire, that includes investments in stocks, bonds, and mutual funds?
- 401(K)
- CD
- 529
- IRA
A: 401(K)

Q: Which of these is likely to earn a higher return?
- 2-year CD account
- Savings account
- Money market account
- Stock
A: Stock

Q: When it comes to saving, lower interest rates means that your money grows more quickly.
- True
- False
A: False

Q: When it comes to investing, higher risk offers possible higher returns.
- True
- False
A: True

Q: Which of these is an investment plan that helps individuals and families save for educational expenses?
- CD
- 401(K)
- 529
- IRA
A: 529

Q: Which of these is a loan from a bank used to buy a house?
- Bond
- Mortgage
- Stock
- IRA
A: Mortgage