Using mathematical formulas, financial tables, or a financial calculator, you can find the

Future value of an amount invested today

Present value of an amount you will receive in the future

Future value of an amount you deposit annually

Present value of an amount if you make annual payments

All of these

The definition of passive income is:

Income received from one's investments and savings

Sufficient means to support oneself

Income received on a regular basis with little effort required to maintain it

Income received after putting in overtime

QUESTION 7

A simple, stress-free lifestyle in which consumption, materialism, and wealth accumulation are minimized is:

		Personal values
		Voluntary simplicity
		Financial plan
		90-10 rule

1 points

QUESTION 8

If you invest $100 and receive a 12% APR (annual percentage rate), what will your balance be at the end of the year?

		$121.12
		$121.00
		$112.00
		$100.12

1 points

QUESTION 9

What do you call a stream of equal payments received or paid at equal intervals in time?

		A lump sum
		An annuity
		Discounting
		Future value

1 points

QUESTION 10

This is a combination of your values, how you were raised, and your parent's traits.

		Voluntary simplicity
		Money personality
		Frugal
		Personal values

1 points

QUESTION 11

What are the qualities of a SMART goal?

		Specific, measurable, attainable, relevant, time
		Special, measurable, attitude, realistic, try
		Specific, mission, attainable, reason, time
		Special, mission, attitude, reason, try

1 points

QUESTION 12

Money personality is:

		The point at which spending more money has a diminishing rate of fulfillment
		Sufficient means to support oneself
		Your style and habits of money management
		Income from your investments