In personal finance, what is the measure of a loan’s total yearly cost expressed as a percentage, including many fees?
Answer
Annual percentage rate
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In personal finance, what is the measure of a loan’s total yearly cost expressed as a percentage, including many fees?
Answer
Annual percentage rate
In investing, what is the term for owning a small piece of a company?
Answer
Stock
In personal finance, what type of interest earns returns on both the original money and earlier interest?
Answer
Compound interest
In personal finance, what is the name for money set aside to cover unexpected costs or loss of income?
Answer
Emergency fund
In investing, what type of risk does diversification mainly reduce?
Answer
Unsystematic risk
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Latest trivia questions
In investing, what type of risk does diversification mainly reduce?
Answer
Unsystematic risk
In personal finance, what does inflation reduce when prices rise broadly?
Answer
Purchasing power
In personal finance, what does the Rule of 72 estimate?
Answer
Years to double money
In personal finance, what does APR stand for on a loan or credit card?
Answer
Annual percentage rate
Which 1951 Hathaway campaign featured a sophisticated man wearing an eye patch?
Answer
The Man in the Hathaway Shirt