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Credit, Savings, & Investing

Credit, Savings, & Investing

Assessment

Flashcard

Other, Life Skills

11th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

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23 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Which account is the most liquid? Options: bond, savings account, CD, money market

Back

savings account

2.

FLASHCARD QUESTION

Front

the fee paid to borrow money

Back

interest

3.

FLASHCARD QUESTION

Front

A formal request for borrowed money

Back

credit inquiry

4.

FLASHCARD QUESTION

Front

The cost of credit expressed as annual rate:

Back

APR

5.

FLASHCARD QUESTION

Front

If you lose your credit card but report it immediately, how much are you liable for?

Back

$0

6.

FLASHCARD QUESTION

Front

Out of the following, which lender is likely to offer the best terms (lowest interest rate and fees)?
Options: banks, car dealerships, insurance agents, private mortgage insurance

Back

banks

7.

FLASHCARD QUESTION

Front

If you have a good credit score, you will be offered:

Back

lower interest rates

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