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In-class Activities
1.Compound interest refers to money earned from buying a tax-exempt investment.
TRUE
FALSE
2. A share of stock represents ownership in a company.
TRUE
FALSE
3. The total interest earned on $100 for two years at 10 percent (compounded annually) would be:
$2
$21
$11
$10
4. Based on the rule of 72, money earning 6 percent would take about (fill in the blank) years to double.
6
8
9
12
5. An example of a company's debt is a:
corporate bond
share of stock
mutual fund
municipal bond
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