Everfi Final Test Answers|100 % correct

Everfi Final Test Answers Match questions 1. The best way to ensure the accuracy and safety of your accounts is to: 2. Which represent typical account fees? 3. What’s the best strategy for avoiding ATM fees? 4. When it comes to saving money, what is a good rule of thumb? 5. Which is NOT one of the responsibilities of the Federal Reserve? 6. Interest 7. Which is a type of savings vehicle? • Certificate of Deposit and Money market account • The amount owed for borrowing money • Establishing the federal budget • Only use ATMs in your bank’s network • Monitor your online accounts regularly • Put aside money for savings each month • ATM, Service, and Minimum balance fee ________________________________________ Multiple choice questions 1. Money order, cashier’s check, pre-paid card Which payment types require you to pay upfront? Which is generally true about savings vehicles? The purpose of a budget is to: Which represent typical account fees? 2. Payday loans Which payment method typically charges the highest interest rates? Which account will give you the LEAST access to your money ? Which type of account is typically the MOST liquid? What payment type can help you stick to a budget? 3. To help you calculate how much money you have in your account The best way to ensure the accuracy and safety of your accounts is to: What’s the best strategy for avoiding ATM fees? What’s the purpose of balancing or monitoring your checking account? Which statement comparing debit cards to credit cards is true? 4. people should evaluate different forms of savings vehicles based on their needs Which is a type of savings vehicle? Which statement comparing debit cards to credit cards is true? Which is generally true about savings vehicles? Which is NOT one of the responsibilities of the Federal Reserve? 5. Certificate of Deposit (CD) Which is a type of savings vehicle? Which savings vehicles usually require a high minimum balance? Which is NOT one of the responsibilities of the Federal Reserve? Which type of account is typically the MOST liquid? 6. debit cards allow you to draw funds directly from your checking account Which savings vehicles usually require a high minimum balance? Which statement comparing debit cards to credit cards is true? Which is generally true about savings vehicles? Which account will give you the LEAST access to your money? 7. Debit cards Which statement comparing debit cards to credit cards is true? What payment type can help you stick to a budget? What part of a check is the LEAST important?