Credit, Savings, & Investing

Flashcard
•
Other, Life Skills
•
11th - 12th Grade
•
Hard
Wayground Content
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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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