FABULOUS FINANCE
FABULOUS FINANCE

THE FABULOUS FINANCE QUIZ

FABULOUS FINANCE QUIZ

A quiz to test your knowledge based on the concepts covered in the book.

HINT: Use the financial calculator provided below to help you find the correct solution

Question 1

If you start with $0 and save $1,000 every year, and your money grows by 10% each year, how much more money will you roughly have by age 70 if you start saving and investing at age 10 instead of waiting until age 20?

A.

$500,000

B.

$1,000,000

C.

$2,000,000

D.

$3,000,000

Question 1

If you start with $0 and save $1,000 every year, and your money grows by 10% each year, how much more money will you roughly have by age 70 if you start saving and investing at age 10 instead of waiting until age 20?

A.

$500,000

B.

$1,000,000

C.

$2,000,000

D.

$3,000,000