Credit (2/29/19)

Credit (2/29/19)

12th Grade

15 Qs

quiz-placeholder

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Credit (2/29/19)

Credit (2/29/19)

Assessment

Quiz

Other

12th Grade

Medium

CCSS
7.RP.A.3, L.11-12.4C, L.6.4C

+3

Standards-aligned

Created by

Ashly Henning

Used 4+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The maximum amount you are allowed to carry as a balance on the card

interest
ARP
credit limit
all of these

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Over time, people who pay off their credit card balance in full every month will pay less in interest on their credit card.

true
false

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is credit?

Free money
Borrowed money
Standard of living
A term that causes tears

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

To build a good credit history, you should

pay the minimum or more on your account each month
pay on time or early
be careful not to take on too much debt
all of these

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the following will help you develop credit except what?

Credit Card
Mortgage
Student Loan
Paying Cash

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Credit is merely a tool to buy something now and pay for it later.

True
False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Building a credit history is one reason people borrow money.

True
False

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