
Chapter 4 Sections 1 and 2 Review
Authored by Dustin Kotur
Business
8th Grade - University
CCSS covered
Used 9+ times

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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Transferring debt from one credit card to another to known as:
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The cost of credit expressed as a yearly interest rate is known as:
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Examples of penalty fees include:
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
How can you avoid paying interest fees on your credit card?
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
It is wise to compare credit card offers before choosing one
Tags
CCSS.RI.8.2
CCSS.RL.11-12.2
CCSS.RL.7.2
CCSS.RL.8.1
CCSS.RL.9-10.2
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one advantage of having a credit card?
It prevents you from spending more than you earn.
It allows you to make purchases without carrying lots of cash.
It encourages you to budget your money wisely.
It helps you pay off debts that you may have.
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a finance charge?
Tags
CCSS.7.RP.A.3
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