Me
reinvesting dividends allows you to:
buy more shares of your original investment
buy more shares of another company you are interested in
receive dividend checks
none of the above
if your money market account earns 12% interest each year, about how long would it take for your account to double?
12 years
72 years
6 years
9 years
if your friend is interested in investing in an interest bearing account, which method would you recommend to estimate how long it would take to double his money?
savings calculator
rule of 27
rule of 72
compound interest calculator
if your parents are interested in saving for retirement, which method would you recommend so that they could figure out exactly how long it takes to double their money?
compound interest calculator
rule of 72
rule of 27
none of the above
you want to invest in something that has a fixed interest rate. which would you choose?
stocks
mutual funds
bonds
none of the above