Variable Question text Label
d001Suppose you had $100 in a savings account and the interest rate was 2% per year. After 5 years, how much do you think you would have in the account if you left the money to grow? how much in account if left to grow
d002Suppose you owe $1,000 on a loan and the interest rate you are charged is 20% per year compounded annually. If you didn't pay anything off, at this interest rate, how many years would it take for the amount you owe to double? how many years to pay off loan
d003Buying a single company's stock usually provides a safer return than a stock mutual fund. buying single stock safer return than mutual fund
d004Imagine that the interest rate on your savings account was 1% per year and inflation was 2% per year. After 1 year, how much would you be able to buy with the money in this account? how much in savings account with interest