What does SMART stand for?

Which of the following compounding periods would help your money grow the fastest?

If you invest $5,000 in a one-year CD at 5% APY, how much interest would it earn by the time it matures?

What’s the name of an investment account that can help you save for college?

True or False: You can tell your company to divide your paychecks between your main bank account and your savings account.

You set a SMART goal to save $2,400 for the down payment on a car you will purchase in two years. How much would you need to save each month to reach your goal?

What happens to the APY on a Money Market Account in a good economy?

What is the “term” on a saving or investment tool?

True or false: If you get a job that offers a 401(k) with matching, your employer gives you free money for retirement.

Which of the following is not a good use for savings?