Car Loan Quiz

The amount of the loan?

• rate
• time
• principal
• sales tax

Something a bank or financial institution makes and charges you interest?

• time
• Loan
• rate
• sales tax

Tags

CCSS.7.RP.A.3

The amount of a charge or payment

• rate
• time
• loan
• principal

The length of the loan or investment

• rate
• time
• principal
• interest

This is added to the selling price and pays the Government?

• time
• rate
• sales tax
• interest

Tags

CCSS.6.RP.A.3C

A sum paid or charged for the use of money

• interest
• time
• sales tax
• principal

You must have insurance on your vehicle?

• true
• false

Each year you have to pay taxes on your vehicle

• true
• false

You will need a drivers license and a vehicle registration to operate your car?

• true
• false

When getting a car loan you will want to get the highest or the lowest interest rate?

• lowest
• highest