Question: please help all the e questions II- MULTIPLE CHOICES QUESTIONS (10 Points): 1- Which type of financial records includes stock and bond reports? A. Investment

 please help all the e questions II- MULTIPLE CHOICES QUESTIONS (10

please help all the e questions

II- MULTIPLE CHOICES QUESTIONS (10 Points): 1- Which type of financial records includes stock and bond reports? A. Investment B. Insurance C. Estate planning D. ax 2- During the past month, Sok Samnang had income of $3.300, During the month, her net worth declined by $200. If no other financial activities occurred, this means Sok Samnang's payments for the month were: A. $3,200. B. $3,000. C. $3,500. D. $200. 3- Jamie McFarland has determined that the value of her liquid assets is $4,500, the value of her real estate is $150,000, the value of her personal possessions is $62,000, and the value of her investment assets is $73,000. She has also determined the value of her current liabilities is $7,500 and the value of her long term liabilities is $98,000. What is the total value of her assets? A. $267,500 B. $105,500 C. $162,000 D. $289,500 4- To avoid high fees for loans, a person should avoid borrowing from a: A. credit union B. savings and loan association C. pawn shop D. commercial bank 5- Based on the following information, what amount would be subtracted from the bank balance side of the checking account reconciliation? Service charge $12; Outstanding checks $255; Interest $3.50; Deposit in transit $80. A. $145.00 B. $12.00 C. $255.00 D. $148.50 6- What is the rate an individual will pay for borrowing to purchase a new home called? A. Prime rate B. Discount rate C. Mortgage rate D. Treasury bond rate 7- Sok deposited $1,000 in an account paying 3 percent interest. The inflation rate is 5 percent. What is the buying power of the account after one year? A. $1,050 B. $1,030 D. $980 E. $950 8- If you borrow $100 at 10 percent simple annual interest and repay it in one lum-sum at the of one year, you will repay: A. $100 B. $105 C. $110 D. $115

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