Personal Finance

Personal Finance

Assessment

Flashcard

Social Studies

12th Grade

Hard

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10 questions

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1.

FLASHCARD QUESTION

Front

Cost of credit expressed as a yearly percentage

Back

APR

2.

FLASHCARD QUESTION

Front

The cost of borrowed money, usually expressed as a percentage.

Back

interest

3.

FLASHCARD QUESTION

Front

What is a credit score?

Back

A three-digit numerical rating that reflects how likely you are to repay your debt.

4.

FLASHCARD QUESTION

Front

A card that borrows money but it has to be paid back

Back

Credit Card

5.

FLASHCARD QUESTION

Front

A card that uses money directly from your bank account

Back

Debit Card

6.

FLASHCARD QUESTION

Front

Yearly amount that you get paid

Back

salary

7.

FLASHCARD QUESTION

Front

Hourly rate that you get paid

Back

wage

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