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line the letter of the word or phrase that best For each of the following, write on the blank answers the question or completes the

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line the letter of the word or phrase that best For each of the following, write on the blank answers the question or completes the statement. An increase in the value of an jnvestmenf is called (A) inflation. (B) net asset value (NAV). (C) appreciation. (D) yield 12.W What characteristics must a person have in order to create a legal will in most states? (A) be 18 years old (B) be of sound mind (C) own at least $10,000 worth of property (D) both A and B 13. in a federall (A) $100,000 (B) $200,000 (C) $250,000 (D) $500,000 14. You emergency fund should have enough money in it to cover expenses for (A) one year. eight to ten months. (C) six months. (D) three months. Which type of trusf is one in which (A) living trust (B) testamentary trust (C) irrevocable trust (D) revocable trust heltermis can be changed or end

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