Question 1: (2 marks)

More than sixty percent of homeowner's insurance premiums go towards settling claims.

Question 1 options:

	True
	False

Question 5 (2 points)

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Which of the following is true about growth stocks?

Question 5 options:

	They are more established companies.
	They mainly produce a return to investors via capital gains.
	They are the opposite of value stocks.
	They pay high dividends.

Question 6 (2 points)

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Your after tax return on your investments is 2.8 percent compounded monthly. Approximately how much will you have to save per month in order to have $80 000 in 25 years to buy a retirement cottage? Assume your investments are not tax sheltered.

Question 6 options:

	$184
	$189
	$193
	$123