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Financial Literacy Review

Authored by Walter Mansfield

Other

9th - 12th Grade

Used 3+ times

Financial Literacy Review
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A good age to open a checking account is between the ages of 13 and 15

True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If your mortgage payment exceeds _______ amount of your income, you have bought more house than you can afford

15%
20%
25%
30%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The number one cause of divorce in America is

Politics
Children
In Laws
Money Issues

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The power of cash is immediate

True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Never buy something you do not fully understand.

True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You need a credit card in order to rent cars and check into hotels

True
False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rate of Return matters when it comes to compound interest.

True
False

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