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Module 1 Money Management

Instructional Technology

9th Grade

Used 32+ times

Module 1 Money Management
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13 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a need?

a new car

a clothes dryer

a place to sleep

lunch at a local restaurant

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following factors can influence decisions?

age

values

family

peers

all of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A value can be described as

something basic for your survival

something you desire to make your life more comfortable

a willingness to give up something now in exchange for a future benefit

a belief or idea you consider important or desirable

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Marcus set a goal to buy a used car in the next few months. He plans to make a $2,500 down payment and has already saved $1,300. If he can save $150 each month for this goal to buy a car, how long will it take him to save the entire $2,500?

6 months

8 months

10 months

12 months

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Shaunda wants to buy her grandmother's car to drive back and forth to college next year. Her grandmother agrees to sell Shaunda the car for $1,200 in a year. This is an example of what type of goal?

short term

medium term

long term

financial term

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Lisa will buy two new car tires three months from now before taking a long trip. Each tire costs $75. How much will Lisa need to save each month to reach her goal?

$25

$50

$75

$150

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

In eight months, Kelly's parents will need to make the final payment for Kelly's braces. Half of the final cost was paid when her braces were put on. The total cost is $3,200. How much will Kelly's parents need to save each month to pay off the balance owed?

$135

$200

$400

$1,600

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