TEST BANK
Focus On Personal Finance
7th Edition by Jack R Kapoor
All Chapters 1 To 14 Complete
Version 1 1
,TABLE OF CONTENT
CHAPTER 1: Personal Financial Planning in Action
CHAPTER 1: APPENDIX Time Value of Money
CHAPTER 2: Money Management Skills
CHAPTER 2: APPENDIX Developing a Career Strategy
CHAPTER 3: Taxes in Your Financial Plan
CHAPTER 4: Financial Services: Savings Plans and Payment Accounts
CHAPTER 5: Consumer Credit: Advantages, Disadvantages, Sources, and Costs
CHAPTER 5: APPENDIX Education Financing, Loans, and Scholarships
CHAPTER 6: Consumer Purchasing and Wise Buying Strategies
CHAPTER 6: APPENDIX Consumer Agencies and Organiẓations
CHAPTER 7: Selecting and Financing Housing
CHAPTER 8: Home and Automobile Insurance
CHAPTER 9: Health and Disability Income Insurance
CHAPTER 10: Financial Planning with Life Insurance
CHAPTER 11: Investing Basics and Evaluating Bonds
CHAPTER 12: Investing in Stocks
CHAPTER 13: Investing in Mutual Funds
CHAPTER 14: Starting Early: Retirement and Estate Planning
Version 1 2
,TEST BANK FOR
Focus on Personal Finance, 7th Edition
Chapter 1-14 Answers are at the end of Each chapter
Chapter 1
Student name:
1) If inflation is expected to be 9.50 percent, how long will it take for prices to double?
A) 5.58 years
B) 6.58 years
C) 17.58 years
D) 11.58 years
E) 7.58 years
Question Details
Bloom's : Apply
Difficulty : 3 Hard
Learning Objective : 01-01 Identify social and economic influences on financial literacy and
personal Topic : Financial Planning
Topic : Finance and Economics
Accessibility : Keyboard Navigation
Accessibility : Screen Reader
Compatible Gradable : automatic
2) If a $12,000 investment earns interest of $1,560 in 1 year, what is its rate of return?
2)
A) 100 percent
B) 79 percent
Version 1 3
, C) 26 percent
Version 1 4
Focus On Personal Finance
7th Edition by Jack R Kapoor
All Chapters 1 To 14 Complete
Version 1 1
,TABLE OF CONTENT
CHAPTER 1: Personal Financial Planning in Action
CHAPTER 1: APPENDIX Time Value of Money
CHAPTER 2: Money Management Skills
CHAPTER 2: APPENDIX Developing a Career Strategy
CHAPTER 3: Taxes in Your Financial Plan
CHAPTER 4: Financial Services: Savings Plans and Payment Accounts
CHAPTER 5: Consumer Credit: Advantages, Disadvantages, Sources, and Costs
CHAPTER 5: APPENDIX Education Financing, Loans, and Scholarships
CHAPTER 6: Consumer Purchasing and Wise Buying Strategies
CHAPTER 6: APPENDIX Consumer Agencies and Organiẓations
CHAPTER 7: Selecting and Financing Housing
CHAPTER 8: Home and Automobile Insurance
CHAPTER 9: Health and Disability Income Insurance
CHAPTER 10: Financial Planning with Life Insurance
CHAPTER 11: Investing Basics and Evaluating Bonds
CHAPTER 12: Investing in Stocks
CHAPTER 13: Investing in Mutual Funds
CHAPTER 14: Starting Early: Retirement and Estate Planning
Version 1 2
,TEST BANK FOR
Focus on Personal Finance, 7th Edition
Chapter 1-14 Answers are at the end of Each chapter
Chapter 1
Student name:
1) If inflation is expected to be 9.50 percent, how long will it take for prices to double?
A) 5.58 years
B) 6.58 years
C) 17.58 years
D) 11.58 years
E) 7.58 years
Question Details
Bloom's : Apply
Difficulty : 3 Hard
Learning Objective : 01-01 Identify social and economic influences on financial literacy and
personal Topic : Financial Planning
Topic : Finance and Economics
Accessibility : Keyboard Navigation
Accessibility : Screen Reader
Compatible Gradable : automatic
2) If a $12,000 investment earns interest of $1,560 in 1 year, what is its rate of return?
2)
A) 100 percent
B) 79 percent
Version 1 3
, C) 26 percent
Version 1 4
