Financial Literacy Flashcard

Financial Literacy Flashcard

Assessment

Flashcard

Business

12th Grade

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

15 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is the term for the percentage charged on a loan or paid on an investment?

Back

Interest Rate

2.

FLASHCARD QUESTION

Front

What is the time period called during which no interest is charged on a credit card balance?

Back

Grace Period

3.

FLASHCARD QUESTION

Front

What is the smallest amount you can pay on a credit card bill to avoid penalties?

Back

Minimum Payment

4.

FLASHCARD QUESTION

Front

What is the maximum amount you can borrow on a credit card?

Back

Credit Limit

5.

FLASHCARD QUESTION

Front

What is an additional payment or reward given to employees?

Back

Bonus

6.

FLASHCARD QUESTION

Front

What is a plastic card that allows you to borrow money up to a certain limit?

Back

Credit Card

7.

FLASHCARD QUESTION

Front

What is a plastic card that deducts money directly from your bank account?

Back

Debit Card

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?