Financial literacy

Financial literacy

6th - 7th Grade

10 Qs

quiz-placeholder

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Financial literacy

Financial literacy

Assessment

Quiz

Mathematics

6th - 7th Grade

Practice Problem

Medium

CCSS
7.NS.A.1A

Standards-aligned

Created by

P C

Used 66+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a machine that allows bank customers to deposit or withdraw money without visiting their bank?

ATM (automated teller machine)
Safe deposit box
Credit card
Certificate of deposit (CD)

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a written order to a bank to pay a certain amount of money from a checking account to another person or business?

Transaction
Loan
Check
Debit card

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a card that allows the holder to buy goods and services by taking out a bank loan?

Credit card
Debit card
Credit union
Loan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a card that allows customers to electronically and immediately withdraw funds from their accounts, either in cash or to purchase goods or services?

Credit card
Debit card
ATM (automated teller machine)
Check

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is money borrowed that must be repaid, usually with interest?

Loan
Check
Checking account
Debit card

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a service that allows customers to perform banking activities using the Internet?

ATM (automated teller machine)
Safe deposit box
Online banking
Debit card

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an account that usually earns interest and is often used to hold money that is not needed right away?

Checking account
Savings account
Loan
Transaction

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