Personal Finance

Personal Finance

12th Grade

25 Qs

quiz-placeholder

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Personal Finance

Personal Finance

Assessment

Quiz

Specialty

12th Grade

Practice Problem

Medium

CCSS
RI.11-12.5, 7.RP.A.3, RI.6.5

+3

Standards-aligned

Created by

Julia Warren

Used 801+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Use your debit card
You go into debt
Declare bankrupty
Pay interest

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the safest way to pay for an item to avoid debt?

Cash
Check
Credit
Debit

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which card takes the money out of your account immediately?

Credit 
Debit

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

When do you start paying into Social Security?

When you retire
When you turn 30
When you get a full-time job
When you want to

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the riskiest type of bond?

Municipal
Savings
Corporate

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which bank account earns you the most interest?

Savings
Checking
Certificate of Deposit

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Who pays interest on a loan?

The borrower
The bank

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