Savings consumer math help please !? 10points?

Does anybody know any of these, which is the best anwsers





2. What’s the first step toward creating a savings plan? (Points: 10)


Figuring out how much time you have to save


Deciding what type of savings instrument to use


Determine what you’re saving for


Calculating how much you can contribute regularly








3. Which is an example of a Savings Instrument? (Points: 10)


Certificate of Deposit


Bonds


Treasury Bills


All of the above








4. If your savings goal requires a lump-sum payment, such as a down-payment on a home, what percentage of your savings goal will you need when it comes time to provide the down-payment? (Points: 10)


90%


50%


100%


25%








5. Which of the following is NOT an example of a long-term savings goal? (Points: 10)


Purchase of a Home


Paying college tuition


Taking a vacation


Retiring with sufficient savings








6. Before you start saving for long-term financial goals, what should you do first? (Points: 10)


Take a vacation


Pay off high rate loans/credit cards


Find a higher paying job


Go back to school








7. Since inflation reduces the value of each dollar you spend – and inflation occurs every year – the amount of money you’ll need for your long-term goal: (Points: 10)


Will be greater than if you reached your goal today.


Will be less than if you reached your goal today.


Will be equal to what you’d need if you reached your goal today.


Can’t possibly be saved.








8. A “rainy day fund” is considered: (Points: 10)


a short-term financial goal


a long-term financial goal


a savings instrument


a savings plan








9. When you give your savings to a bank, what do you get in return? (Points: 10)


Debits


Investments


Interest


Debt Credits








10. When saving for retirement, what should be considered? (Points: 10)


What quality of life you would like to have.


What you expect inflation to do between now and then.


If you expect to continue working when you retire.


All of the above|||2. What’s the first step toward creating a savings plan? (Points: 10)





Calculating how much you can contribute regularly








3. Which is an example of a Savings Instrument? (Points: 10)





All of the above








4. If your savings goal requires a lump-sum payment, such as a down-payment on a home, what percentage of your savings goal will you need when it comes time to provide the down-payment? (Points: 10)





25%








5. Which of the following is NOT an example of a long-term savings goal? (Points: 10)





Taking a vacation








6. Before you start saving for long-term financial goals, what should you do first? (Points: 10)





Pay off high rate loans/credit cards








7. Since inflation reduces the value of each dollar you spend – and inflation occurs every year – the amount of money you’ll need for your long-term goal: (Points: 10)





Will be greater than if you reached your goal today.


.








8. A “rainy day fund” is considered: (Points: 10)





a savings plan








9. When you give your savings to a bank, what do you get in return? (Points: 10)





Interest











10. When saving for retirement, what should be considered? (Points: 10)


All of the above