Final Exam Review: Unit 3 - Unit 4

Final Exam Review: Unit 3 - Unit 4 Bingo Card
Preview

This bingo card has a free space and 29 words: Cash, 50% of income for needs 30% for wants 20% for savings or debt, A stock market index that tracks 500 large U.S. companies, Rent or mortgage payments, A debit card is linked to your bank account, while a credit card is a line of credit, Deductions for taxes & benefits, To evaluate your creditworthiness for loans, mortgages, or credit cards., By charging interest on unpaid balances, Certificate of Deposit (CD), The amount you pay for coverage, usually monthly or annually, To transfer risk to an insurance company, A financial obligation or debt, A fee charged when you withdraw more money than your account balance, To provide financial protection for beneficiaries after the policyholder’s death, Dividends & Stock Appreciation, Social Security, Roth IRA, 401K, Bull Market, Bear Market, Short Term Government Bonds, Index Fund, Roth IRAs have tax free growth, Stock Split, Securities and Exchange Commission (SEC), Hedger, Bond, Stock, They are typically low cost and diversified investments, You have more time for your money to compound and It minimizes the risk of losing all your money.

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Personal Finance | Personal Finance | Investing Terms | Financial Freedom Bingo | Bingo

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Probabilities

With players vying for a you'll have to call about __ items before someone wins. There's a __% chance that a lucky player would win after calling __ items.

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