9. A credit freeze prevents lenders from accessing your credit record. The good thing here is that dishonest people cannot take out loans in your name b/c no lender will lend them money unless the lender can access your credit record to verify that you are a good credit risk. a) True b) False 10. A will determines who receives the money in your 401k account when you die no matter what your beneficiary designation says. a) True b) False 11. Your house has a market value of $380,000 and you owe $80,000 on your mortgage. Your home- owners equity is: a) $300,000 b) $460,000 c) $380,000 12. Our 50%-30%-20% rule tells you to save what percent of your after-tax income? a) 50% b) 30% c) 20%