
Financial Literacy Review
Authored by Walter Mansfield
Other
9th - 12th Grade
Used 3+ times

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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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