[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-389911-105":59,"doc-detail-389911-en":131},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":124,"head_meta":126,"extra_data":128,"updated_unix":130},105,"en","personal-finance-practice-final-exam","Personal Finance - Practice Final Exam","","Practice final exam covering personal finance concepts through a structured assessment across three sections. Students have 2.5 hours to write answers in provided spaces under closed-book conditions with up to two one-sided pages of notes. The exam includes multiple-choice items worth 2 points each, short-answer questions, and long questions requiring multiple calculations. Instructions emphasize reading all question information, using provided scrap paper without grading, and selecting exactly one correct option per multiple-choice item.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":20,"@type":76,"position":81},"https://docshare.wps.com/document/exam/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/personal-finance-practice-final-exam/389911/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/personal-finance-practice-final-exam/389911.png","ImageObject",300,407,{"name":92,"@type":93},"Logic","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-09","2026-09-25",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",11,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"How long is the exam and how should answers be recorded?","Question",{"text":113,"@type":114},"The exam allows 2.5 hours, and answers must be written in the space provided for the questions.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"What are the rules for notes and study resources during the exam?",{"text":118,"@type":114},"Students may use two one-sided regular-size pages of notes; otherwise it is a closed-book exam. Accessing extra information (for example via a phone or asking classmates) is considered cheating.",{"name":120,"@type":111,"acceptedAnswer":121},"How is the exam structured across the three parts?",{"text":122,"@type":114},"Part I contains multiple-choice questions, Part II contains short-answer questions, and Part III contains long questions that require multiple calculations.","https://schema.org",{"og:url":83,"og:type":125,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":127,"canonical":83},"index,follow",{"doc_id":129,"site_id":62},389911,1790671176,{"code":4,"msg":5,"data":132},{"doc_id":129,"user_id":133,"nickname":92,"user_avatar":134,"doc_module":4,"category_id":19,"category_name":20,"doc_title":65,"doc_description":67,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":105,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":140,"language":141,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":142,"faqs":143,"seo_title":144,"seo_description":67,"update_tm":145,"read_time":146,"preview_page_count":4},1099513958762,"https://ap-avatar.wpscdn.com/avatar/1000023916a998db790?x-image-process=image/resize,m_fixed,w_180,h_180&k=1784791008015729253","Personal Finance  \nPractice Final Exam  \nName:    \n• You have 2.5 hours for the exam.  \n• Write your answers in the space provided.  \n• The exam is divided into 3 parts. In Part I, there are multiple choice questions. In Part II, there are short-answer questions. In Part III, there are long questions asking for multiple calculations.  \n• Please read ALL of the information provided in the questions.  \n• You are allowed 2 pages (one sided, regular size) of notes. Otherwise this is a closed-book exam. Accessing extra information, for example via your iPhone oriPad, or asking classmates is considered cheating.  \n• Some scrap pages are provided at the end of the exam. The scrap pages will not be graded.  \n• Good luck!  \nSection I. Multiple Choice  \nPlease circle the correct answer for each of the following questions. Note that there is only one correct answer for each question. Each question is worth 2 points.  \n1. Which of the following statements is true about the balance of a single deposit in an interest earning savings account? (Only one is true. )  \nA) The balance will not grow exponentially because multiple deposits are required to achieve exponential growth.  \nB) The balance will grow exponentially, but only if the interest rate increases so that the dollar amount of interest earned increases.  \nC) The balance will grow exponentially, but only if the interest rate is high enough.  \nD) If the balance doubles after 15 years, it will more than triple after 30 years because of compound interest.  \n2. Which of the following about Perkins loans is false? (Only one is false)  \nA) No interest accrues on the loan while a student is in school, and repayment does not begin immediately after a student graduates, but following a grace period after graduation.  \nB) The effect of subsidized interest and the grace period is that the implicit interest rate on the loan decreases below the stated APR.  \nC) If a Perkins loan did not have a grace period, but no interest accrued and no payments were due while the student is in school, the implicit rate on the loan would be equal to the stated APR.  \nD) If interest on a Perkins loan did accrue while the student is in school and throughout the grace period, but no payments were required while the student isin school or through the 9-month the grace period, the implicit interest rate on the loan would be equal to the stated APR.  \n3. Which of the following is true of the amortization of an installment loan with monthly payments? (Only one is true. )  \nA) The monthly payment increases over time.  \nB) The principal portion of the monthly payment decreases over time.  \nC) The interest portion of the monthly payment increases over time.  \nD) The interest portion of the monthly payment decreases over time.  \n4. Which of the following statements about mortgage refinancing is true? (Only one is true.)  \nA) Refinancing is always a bad idea because of the large closing costs.  \nB) If the interest rate has dropped by at least 0 .25%, refinancing is always a good deal because the lower future monthly payments will make up for all other costs.  \nC) With all other things being equal, refinancing a mortgage is more likely to be a good deal if the borrower still has many years left on the mortgage and plans to stay in the home for a long time after refinancing.  \nD) Refinancing is only a good deal if the borrower did not take any mortgage points on the original mortgage but takes at least two points during the refinance.  \n5. Which of the following statements is true? (Only one is true. )  \nA) It’s only a good idea to buy a stock if you believe you will be able to sell it to somebody else at a higher price at a later date.  \nB) Generally, a stock issued by a company is safer than a bond because stockowners may achieve very high returns if the company performs well, while bondholders’ returns are limited by the coupon rate of the bond.  \nC) Mutual funds provide superior diversification benefits than index funds be","cbCairR57dCwfh8D","https://ap.wps.com/l/cbCairR57dCwfh8D","pdf",103601,15,"English","# Practice Final Exam\n## Instructions\n## Section I. Multiple Choice\n## Section II. Short-Answer Questions\n## Section III. Long Questions","[{\"question\":\"How long is the exam and how should answers be recorded?\",\"answer\":\"The exam allows 2.5 hours, and answers must be written in the space provided for the questions.\"},{\"question\":\"What are the rules for notes and study resources during the exam?\",\"answer\":\"Students may use two one-sided regular-size pages of notes; otherwise it is a closed-book exam. Accessing extra information (for example via a phone or asking classmates) is considered cheating.\"},{\"question\":\"How is the exam structured across the three parts?\",\"answer\":\"Part I contains multiple-choice questions, Part II contains short-answer questions, and Part III contains long questions that require multiple calculations.\"}]","Personal Finance - Practice Final Exam | PDF",1790328378,38]