Personal Finance Quiz
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Questions and Answers

By how much did Sam's net worth change from January to June?

  • Net worth did not change
  • Net worth decreased by $1,200 (correct)
  • Net worth increased by $600
  • Net worth decreased by $600

    • What did Sam do with his insurance policy after half a year?

  • He increased the coverage amount
  • He continued paying for it
  • He transferred the policy to someone else
  • He cancelled it and received a refund (correct)

    • How much did Sam prepaid towards insurance for one year?

  • $1,200 (correct)
  • $3,600
  • $2,400
  • $600

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