EverFi Study

EverFi Study

11th - 12th Grade

30 Qs

quiz-placeholder

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EverFi Study

EverFi Study

Assessment

Quiz

Life Skills

11th - 12th Grade

Medium

Created by

Liz Chhoeum

Used 9+ times

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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Use the Rule of 72 to calculate how long it will take for your money to double if it’s

earning 6% in interest:

72

16

36

12

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

(Check all that apply) Which of the following are examples of types of savings vehicles?

Certificate of Deposit

Savings Account

Money Market Account

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many digits in a bank routing number?

8

11

7

9

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of bank account typically offers no interest?

Checking

Certificate of Deposit

Money Market

Savings

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following typically have the highest fees?

Retail Bank

Payday Lender

Online Bank

Credit Union

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following typically has the lowest fees or costs to use?

Payday Loan

Credit Card

Cash Advance

Debit Card

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The term referring to the rate of yearly interest for your credit card is commonly known

as:

COD

Grace Period

APR

Default Rate

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