Questions from Personal Finance


Q: Distinguish among after-tax money put into investments, pretax money

Distinguish among after-tax money put into investments, pretax money, and vesting.

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Q: Explain what is meant by tax-sheltered investment growth on money

Explain what is meant by tax-sheltered investment growth on money invested through qualified retirement accounts.

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Q: Summarize the main differences between defined-contribution and defined-benefit

Summarize the main differences between defined-contribution and defined-benefit pension plans.

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Q: If you were the borrower, how would you feel about the

If you were the borrower, how would you feel about the fact that interest costs are higher in the early months of a declining balance loan than they are in the later months?

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Q: Explain why defined-contribution retirement plans are called self-directed

Explain why defined-contribution retirement plans are called self-directed.

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Q: Offer your impressions of working for an employer that offers a sizable

Offer your impressions of working for an employer that offers a sizable matching contribution compared with one that does not.

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Q: Distinguish between a single-payment and an installment loan.

Distinguish between a single-payment and an installment loan.

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Q: What is the difference between a secured and an unsecured loan?

What is the difference between a secured and an unsecured loan?

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Q: What reasons do some people offer for not having a relative co

What reasons do some people offer for not having a relative co sign a student loan?

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Q: What is an acceleration clause?

What is an acceleration clause?

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