Question

Question 29 A) When Samantha heard that her new employer had a retirement matching program, she got pretty excited. Which form of investment did her employer MOST likely offer? (1 point) Responses Roth IRA Roth IRA 401(k) 401(k) 529 plan 529 plan U.S. savings bond U.S. savings bond

Answer 1

[AI-generated answer — Bot GPT 3.5]

401(k)

Answer 2

Question 30 A) Which is an example of a tax-deferred investment? (1 point) Responses T-bills T-bills IRAs IRAs stocks stocks bonds

Answer 3

[AI-generated answer — Bot GPT 3.5]

IRAs

Answer 4

Question 31 A) Maria wants to start saving for college, but she has little tolerance for risk. Which approach to saving for college is considered the lowest risk? (1 point) Responses 529 plans 529 plans Coverdell education savings accounts Coverdell education savings accounts U.S. savings bonds U.S. savings bonds equities equities

Answer 5

[AI-generated answer — Bot GPT 3.5]

U.S. savings bonds

Answer 6

Question 32 A) _____ and _____ are the engines of financial independence. (1 point) Responses Inflows, outflows Inflows, outflows Stocks, debt investments Stocks, debt investments Priorities, expenses Priorities, expenses Time, compound interest Time, compound interest

Answer 7

[AI-generated answer — Bot GPT 3.5]

Time, compound interest

Answer 8

Question 34 A) Mieko wants to finance her first home, and she’d also like use the same bank for her personal checking and savings. She doesn’t belong to any groups and she’s also self-employed. Which is her BEST banking option? (1 point) Responses retail bank retail bank commercial bank commercial bank credit union credit union online bank online bank

Answer 9

[AI-generated answer — Bot GPT 3.5]

commercial bank