JA section 3

JA section 3

6th - 9th Grade

15 Qs

quiz-placeholder

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JA section 3

JA section 3

Assessment

Quiz

Other

6th - 9th Grade

Practice Problem

Hard

CCSS
RI.9-10.4, L.8.6, RI.6.1

+19

Standards-aligned

Created by

Michael Salz

Used 33+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the money called that banks charge on loans?

insurance
interest
debit
change

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main difference between a bank and a credit union?

banks don't do car loans
credit unions don't have debit
credit unions don't have loans
banks are for profit, credit unions aren't

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason people use credit cards?

buy now, pay later
like to pay more
love interest charges
don't know what a debit card is

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If someone robbed the bank and took all the money, your money in that bank would still be safe. Why?

rich bankers would pay you back
banks are insured by the government
you would hunt down the robbers
Scooby Doo would find the robbers

Tags

CCSS.RI.6.1

CCSS.RI.6.8

CCSS.RI.8.1

CCSS.RI.8.8

CCSS.RL.6.1

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A debit card purchase is taken from your _________

bonds
stocks
checking account
savings account

Tags

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much interest is charged on a debit purchase?

none
5%
1%
10%

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One advantage of credit cards over debit cards is that credit cards _______________

are Visa and debits aren't
can make you pay more for something
charge interest
help build a credit score

Tags

CCSS.RL.5.3

CCSS.RL.6.3

CCSS.RL.7.3

CCSS.RL.8.3

CCSS.RL.9-10.3

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