Credit Cards
Flashcard
•
Mathematics
•
11th - 12th Grade
•
Practice Problem
•
Hard
+5
Standards-aligned
Wayground Content
FREE Resource
Student preview
15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is a credit card?
Back
A credit card is a financial tool that allows individuals to borrow money from a bank or financial institution to make purchases, with the agreement to pay back the borrowed amount, usually with interest.
2.
FLASHCARD QUESTION
Front
Who do you agree to pay when you make a credit card purchase?
Back
You agree to pay your credit card company.
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.3
CCSS.RI.9-10.3
CCSS.RI.9-10.5
3.
FLASHCARD QUESTION
Front
How can you avoid paying interest fees on your credit card?
Back
By paying off the full balance, on time, each month.
4.
FLASHCARD QUESTION
Front
What happens if you don't have enough money to pay for the things you charged on your credit card?
Back
You end up owing more than the original amount of money you charged.
Tags
CCSS.7.NS.A.1C
5.
FLASHCARD QUESTION
Front
What is the minimum payment on a credit card?
Back
The least amount that must be paid on a credit card each month.
Tags
CCSS.7.RP.A.3
6.
FLASHCARD QUESTION
Front
What is a credit limit?
Back
The maximum amount of money that can be charged on a credit card.
7.
FLASHCARD QUESTION
Front
What is a credit score?
Back
A numerical representation of a person's creditworthiness, based on their credit history.
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
