2. A PARENT OPENS UP A 529 COLLEGE SAVINGS PLAN FOR THEIR NEWBORN CHILD TO SAVE FOR THE CHILD'S EDUCATION
3) IN SELECTING THREE DIFFERENT INVESTMENT OPTIONS, A BROKER OFFERS AN INVESTOR THREE MUTUAL FUND OPTIONS. THE FIRST IS AN "AGGRESSIVE FUND" AND ON AVERAGE RETURNED 12% a year; the second is a BOND MUTUAL FUND that invests mainly in U.S. Treasuries and on average pays 4% per year; the third option is an International Fund that invests in Third World Countries and is paying 15% per year.
4) You complete a credit card application to open a Visa Card account through Chase Bank
5) WALMART RECENTLY ANNOUNCED IT IS CUTTING WHOLESALE ORDERS DUE TO RISING INVENTORIES. Wal-Mart shares declined close to 3% originally on the report before limiting some loss and were most recently down 1.7% to $74.50.
-Inflation
6) The Securities and Exchange Commission (SEC) is an independent federal agency created by the Securities Exchange Act of 1934. The Commission creates rules designed to enforce federal securities laws.
8) What factors should you take into account when considering using the following assets as stores of value? A) Real Estate B) Stocks C) Government Bonds
9) What is the current quarterly GDP for the United States? Where did you find that information? What component of GDP had the highest increase?
+2.5% in Q2 2013
https://www.bea.gov/newsreleases/glance.htm
Consumption
10) If I had $10,000 in the bank in 1993, what buying power do I have in $2010? WHY?
Same buying power as 16,185.26
inflation: