Financial Literacy and Wellbeing among Medical Students, Residents, and Attending Physicians in Lebanon: Results from A Nationwide Multi-Centered Survey - presented by Dr Mohammadali Jardaly

Financial Literacy and Wellbeing among Medical Students, Residents, and Attending Physicians in Lebanon: Results from A Nationwide Multi-Centered Survey

Dr Mohammadali Jardaly

Dr Mohammadali Jardaly
Slide at 16:30
1. Suppose you had $100 in a savings account and the interest rate (51il3) was 2% per year. Af how much do you think you would have in the account if you left the money grow? 1. More than $102 2. Exactly $102 Mohammad Ali Jard... 3. Less than $102 4. I don't know Imagine that interest rate (Jees Stildli) on your saving account was 1% per year and inflation (120) 2% per year. After 1 year, how much would you be able to buy with the money in this account? 1. More than today 2. Exactly the same as today 3. Less than today 4. I don't know 3. If the interest rate (Jees rises, what should happen to bond (Oldin) prices? 1. They should rise 2. They should fall 3. They should stay the same 4. I don't know 4. Buying a company stock usually provides a safer return than a stock mutual fund. 1. True 2. False 3. I don't know A 15- year mortgage typically requires higher monthly payments than a 30-year mortgage, but the total interest (51ilet) paid over the life of the loan will be less. 1. True 2. False
Share slide
Summary (AI generated)

For the first question, the answer is more than $102. For the second question, the answer is less than today. The third question should result in a fall. The fourth statement is false, and the fifth statement is true. How many questions did you answer correctly? Did you get two out of three, three out of five, or five out of five? Don't be discouraged if you did not get all the answers correct, as the passing grade is three out of five.