The document provides instructions for students to complete a Google Classroom assignment within 7 minutes answering questions from a post titled "Cheapskates". It then lists 3 common money questions related to savings account interest rates and inflation, stock returns, that only 20% of teenagers can answer correctly. Students are asked if they can answer the 3 questions.

1. DO NOW: 12/5/2019
•Open up Google Classroom and
answer the questions on the
“Cheapskates” post
•You have 7 minutes to complete
it!

2. 3 COMMON MONEY QUESTIONS:
•Only 20% of Teenagers can
answer these three questions on
Money
•Can you?

3. QUESTION #1
Suppose you have $100 in a savings account and the interest rate was two
percent per year. After five years, how much do you think you would have
in the account if you left the money to grow?
A. More than $102
B. Exactly $102
C. Less than $102
D. I don't know

4. QUESTION #2
Imagine that the interest rate on your savings account was one percent
per year and inflation was two percent per year. After one year, how
much would you be able to buy with the money in this account?
A. More than today
B. Exactly the same as today
C. Less than today
D. I don't know

5. QUESTION #3
Do you think the following statement is true or
false: Buying a single company stock usually
provides a safer return than a stock mutual fund