Personal Finance
Flashcard
•
Social Studies
•
10th Grade
•
Practice Problem
•
Hard
Wayground Content
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14 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Investment
Back
An asset that generate money
2.
FLASHCARD QUESTION
Front
What is an investor’s primary goal?
Back
to earn a profit
3.
FLASHCARD QUESTION
Front
Which is true about investments and risk?
Back
Every investment carries some degree of risk.
4.
FLASHCARD QUESTION
Front
What is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender?
Back
Collateral
5.
FLASHCARD QUESTION
Front
Interest is the additional charge you get for borrowing money.
Back
True
6.
FLASHCARD QUESTION
Front
What is the range for credit scores?
Back
300-850
7.
FLASHCARD QUESTION
Front
What is a credit card?
Back
A small plastic card issued by a bank and attached to a line of credit
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