True And False Chp 1

Question 1

The saving habits of Ben and Arthur help to illustrate The principle of compound interest

Answer 1

True

Question 2

Dave’s 80/20 Rule says when it comes to money, 80% is head knowledge and 20% is behavior

Answer 2

False

Question 3

Your income level greatly affects you’re saving habits

Answer 3

False

Question 4

Interest is money paid to a safer by a financial institution

Answer 4

True