Finance

Finance

6th - 8th Grade

11 Qs

quiz-placeholder

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Finance

Finance

Assessment

Quiz

6th - 8th Grade

Medium

CCSS
RI.6.4, 6.RP.A.3B, RI.7.4

+3

Standards-aligned

Created by

Virginia Altman

Used 1K+ times

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11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anything that is purchased with the hope that it will generate income or be more valuable at a future date.

investment

loan

income

expense

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Comparing the cost of two or more goods or services in an effort to find the best value.

interest

investment

Cost Benefit Analysts

Cost Comparison

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money borrowed from a bank.

dept

loan

budget

expense

Tags

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RL.7.4

CCSS.RL.8.4

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ability to borrow money. The borrower is expected to pay back a minimum amount each month in addition to any interest added.

interest

interest rate

budget

credit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cost paid to secure a good or service.

expense

income

dept

interest

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The fee for borrowing and using someone else's money.

expense

interest

interest rate

income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Payment received for goods or services, including employment.

interest

dept

credit

income

Tags

CCSS.6.RP.A.3B

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