Travel Fund Planning Quiz
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Questions and Answers

What is the annual interest rate for the travel fund?

  • 6.24% (correct)
  • 5.50%
  • 7.00%
  • 4.75%

    • How often is the interest on the travel fund compounded?

  • Annually
  • Quarterly
  • Bi-annually
  • Monthly (correct)

    • When does the trip start in years and months?

  • 3 years and 9 months
  • 6 years and 1 month
  • 5 years and 2 months
  • 4 years and 7 months (correct)

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