Personal Finance

Personal Finance

Assessment

Flashcard

Specialty

12th Grade

Hard

Created by

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25 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What happens if you do not pay a credit card bill on time?

Back

Pay interest

2.

FLASHCARD QUESTION

Front

What is the safest way to pay for an item to avoid debt? Options: Cash, Check, Credit, Debit

Back

Cash

3.

FLASHCARD QUESTION

Front

Which card takes the money out of your account immediately? Credit, Debit

Back

Debit

4.

FLASHCARD QUESTION

Front

When do you start paying into Social Security? Options: When you retire, When you turn 30, When you get a full-time job, When you want to

Back

When you get a full-time job

5.

FLASHCARD QUESTION

Front

What is the riskiest type of bond? Options: Municipal, Savings, Corporate

Back

Corporate

6.

FLASHCARD QUESTION

Front

Which bank account earns you the most interest? Options: Savings, Checking, Certificate of Deposit

Back

Certificate of Deposit

7.

FLASHCARD QUESTION

Front

Who pays interest on a loan?

Back

The borrower

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