Saving and Investment Basics Quiz

Correct Answers and Explanations

Question 1: What is the main difference between saving and investing?

A) Жыйноо кыска мөөнөт/төмөн тобокелдик үчүн, инвестиция узак мөөнөт/жогорку тобокелдик үчүн

B) Жыйноо инвестициядан көп акча табат

C) Инвестициялоо байлар үчүн гана

D) Эч кандай айырма жок

Correct: A) Saving is for short-term/low risk, investing is for long-term/higher risk

Explanation:

Saving is typically for short-term goals with low risk and low returns, while investing is for long-term wealth building with higher risk but higher potential returns.

Question 2: What is compound interest?

A) Негизги сумма жана мурда табылган пайыздан табылган пайыз

B) Баштапкы суммадан гана төлөнүүчү пайыз

C) Банктык комиссиянын түрү

D) Айына гана кошулуучу пайыз

Correct: A) Interest earned on both principal and previously earned interest

Explanation:

Compound interest is when you earn interest on both your original principal and on previously earned interest. This creates exponential growth over time.

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