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LIFC 603 Exam 3 Liberty University
- Which is NOT a type of risk?
- When counseling a person on a vehicle purchase you should:
- What are factors that affect investment choices?
- How does somebody buy a car?
- The Total Obligations Ratio can be determined by this formula:
- What are the advantages of buying a new car?
- A loan that is fixed for a certain period of time then becomes variable is:
- Which of the following are included in typical automobile insurance?
- What does the bible say about investing?
- An Adjustable Rate Mortgage is usually a higher risk for the lender than for the borrower.
- Which of the following is correct?
- The role of a real estate agent includes:
- What factor does NOT affect choice of investments?
- What are the disadvantages of buying a new car?
- Before buying a home, it is a good idea to get pre-approved for a loan amount prior to beginning the process.
- When calculating the “annual rate of return on investment”: If I invest $2000.00 every year for 5 years at 6% how much will I have after 5 years?
- When giving investment advice a financial coach:
- When buying a house, it is important to distinguish between needs and wants.
- The FHA states that a families housing expense ratio cannot exceed 41%.
- An employee is responsible for:
- Which of the following is NOT an advantage of leasing?
- Which of the following is a common lease requirement?
- What are the advantages of buying a used car?
- Which One of the following is a type of Mutual Fund?
- On the second visit to tour a potential home you wish to buy it is good to do all of the following except: