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2.4 Credit Card

2.4 Credit Card

Assessment

Interactive Video

Social Studies

9th - 12th Grade

Practice Problem

Medium

Created by

Michael Besnecker

Used 1+ times

FREE Resource

17 questions

Show all answers

1.

SLIDE QUESTION

30 sec • Ungraded

2.

SLIDE QUESTION

30 sec • Ungraded

3.

MATCH QUESTION

1 min • 1 pt

Match the following

interest

maximum amount of money a cardholder can borrow or spend on their credit card

grace period

total amount of money a cardholder owes on their credit card at the end of each month

statement balance

lowest amount cardholders must pay toward their credit balance each billing cycle to avoid late fees and maintain a clean credit score

credit limit

fees credit card issuers charge or borrowing money or carrying a balance on the card

minimum payment

time between the end of a billing cycle and the due date for the payment without occurring interest

4.

SLIDE QUESTION

30 sec • Ungraded

5.

SLIDE QUESTION

30 sec • Ungraded

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Sarah's credit charges her 20% APR what is her monthly interest rate?

1.67%

10.67%

2%

20%

7.

SLIDE QUESTION

30 sec • Ungraded

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