EPF Ch 15 Review

EPF Ch 15 Review

11th - 12th Grade

20 Qs

quiz-placeholder

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EPF Ch 15 Review

EPF Ch 15 Review

Assessment

Quiz

Other

11th - 12th Grade

Hard

Created by

Rachael Baudendistel

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Credit is...

goods & services are received in exchange for pay in future

goods & services are received in exchange for pay now

person who receives money

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person or organization who has the resources to provide an individual with a loan

lender

borrower

credit report

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person or organization who receives money from the lender

lender

borrower

credit limit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you borrow money, the interest is...

ability to pay loan back

maximum dollar amount that can be charged

loan amount

the charge for borrowing money the charge for borrowing money

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ability to pay the money back...

closed end credit

open end credit

creditworthiness

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Paying loan back in specific number of equal payments

closed end credit

open end credit

interest

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Revolving credit / extended as a line of credit to avoid future application

closed end credit

open end credit

creditworthiness

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