Quiz

Saving and Compound Interest

3 questions·Pass at 80%·+100 FG on first pass
Read the article first before attempting the quiz. Flashy Gold is earned on your first pass only.

1.What is compound interest, precisely?

2.Why does starting to save at 25 often beat saving more starting at 45?

3.Using the rule of 72, roughly how long does money take to double at a 9% annual return?

Answer all 3 questions to submit