1.Which payment frequency, all else being equal, will generally save you the most interest over the life of your mortgage?

A.Weekly

B.Semimonthly

C.Biweekly

D.Accelerated biweekly

2. How can individuals benefit from insurance?

A.Individuals benefit from insurance because insurance companies will often invest your insurance payments and share profits on the investments.

B.Individuals benefit from insurance because it consolidates all of your personal bills into one location.

C.Individuals benefit from insurance because it provides peace of mind of knowing that your assets are protected should you suffer a loss.

D.Individuals benefit from insurance because if you do not file an insurance claim by the end of the year, then all insurance payments are refunded.

3. What is no-fault auto insurance?

A.No-fault auto insurance covers all medical expenses for policy owners that are not at fault in the accident.

B.No-fault auto insurance insures against costs of damage to your car resulting from an accident in which the driver of your car is at fault.

C.No-fault auto insurance insures against the cost of bodily injury when an accident is caused by another driver who is not insured.

D.No-fault auto insurance ensures that all insured individuals receive immediate medical treatment for their injuries, regardless of who is at fault for causing the accident.

4. What is the rationale for no-fault auto insurance?

A.The rationale is that you want to prevent those not at fault from suing you after an accident.

B.The rationale is that you want to receive treatment as soon as possible before going through legal process to determine fault.

C.The rationale is that you want to be covered for medical treatment when you are at fault. No other insurance policy can cover for accidents where you are at fault.

D.The rationale is that you want to receive treatment when you are not at fault even if the person at fault does not have insurance.