Wednesday, April 26, 2006

 

Most Students Get 'F' In Financial Literacy

Test your financial literacy. Which of the following tends to have the highest growth over periods of time as long as 18 years: (a) a U.S. government savings bond; (b) a savings account; (c) a checking account, or (d) stocks?

This was one of 30 multiple-choice knowledge questions in a financial literacy test given to 5,775 high school seniors last December and January in 305 schools in 37 states, including Florida. It was the latest in a series of surveys since 1997 by the not-for-profit Jump$tart Coalition for Personal Financial Literacy.

Most Students Get 'F' In Financial Literacy
Source: Sun-Sentinel

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