Consumer Mathematics

Consumer Mathematics

Assessment

Flashcard

Mathematics

9th Grade

Hard

CCSS
7.RP.A.3, 3.OA.B.6, 3.NF.A.1

+2

Standards-aligned

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

15 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is a unit trust?

Back

A unit trust is a type of collective investment scheme that pools money from multiple investors to invest in a diversified portfolio of assets, managed by a professional fund manager.

2.

FLASHCARD QUESTION

Front

What are dividends?

Back

Dividends are payments made by a corporation to its shareholders, usually as a distribution of profits.

Tags

CCSS.3.OA.B.6

3.

FLASHCARD QUESTION

Front

What is a current account?

Back

A current account is a type of bank account that allows for frequent transactions, including deposits and withdrawals, and is typically used for day-to-day banking needs.

4.

FLASHCARD QUESTION

Front

What is a fixed deposit account?

Back

A fixed deposit account is a savings account where money is deposited for a fixed term at a specified interest rate, usually offering higher interest than a regular savings account.

5.

FLASHCARD QUESTION

Front

What is capital gain?

Back

Capital gain is the increase in the value of an asset or investment over time, realized when the asset is sold for more than its purchase price.

Tags

CCSS.7.RP.A.3

6.

FLASHCARD QUESTION

Front

What are the disadvantages of credit cards?

Back

Disadvantages of credit cards include incurring charges such as annual fees, finance charges (interest), late payment charges, and the risk of overspending.

7.

FLASHCARD QUESTION

Front

What is the advantage of a vehicle loan?

Back

The advantage of a vehicle loan is that it does not require a lump sum payment, allowing the buyer to pay for the vehicle in installments.

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?