If the annual rate is 10% and inflation is 4%, then the approximate real rate of return is: Select one: A. 4.00% B. 6.80% C. 7.00% D. 6.00% E. 14.00% When interest rates are falling, a person would be best served by Select one: A. same approach as if interest rates are rising. B. short-term savings instruments. C. variable-rate loans. D. short term loans E. long term loans. Which of the flowing is not a benefit of online banking? Select one: A. Time savings B. Email notices of due dates C. No paper trail D. Phishing E. Convenience Generally, most of the information in your credit file may be reported for only years. Select one: A. 3 B. 9 C.7 D. 1 E. 12 Which of the following is the worst possible rating to have on your credit report? Select one: A.RO B. R9 C. L10 D. R1 E. LO FICO scores range between Select one: A. 1-10 B. 1-1,000 O C. 300-900 0 D. 1-100 0 E. 100-500 What is not consideration of capacity (as part of the 5 Cs of credit)? Select one: A. Place of occupation B. Previous credit C. Income reliability D. Salary E. Other sources of income Although credit permits more immediate satisfaction of needs and desires, it Select one: A. is always best to avoid credit purchases. B. does not diminish your ability to buy more goods and services on credit. C. does not increase total purchasing power D. does increase total purchasing power. E. has no opportunity costs attached to it. By paying cash for a purchase, you Select one: A. can build a better credit rating. B. get better personal service from store employees. C. always get a cash discount. D. have a better selection of goods than if you use credit. E. forgo the opportunity to keep the cash in an interest-bearing account. Which of the following is not an example of revolving credit? Select one: A. automobile loans. B. overdraft protection. C. a line of credit. D. a credit card loan. E. charge cards. Which of these is not a true statement? To avoid online fraud, you should Select one: A. give payment information only to know known businesses. B. use a secure browser. C. review your monthly bank and credit card statements. D. keep your personal information private. E. give your password only to your internet service provider