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Test Credit Card

Authored by Markelito Mathurin

Life Skills

9th - 12th Grade

CCSS covered

Used 4+ times

Test Credit Card
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56 questions

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1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

_____ Credit Rating

is an assessment of the financial trustworthiness of individuals and corporations.
is the amount charged or paid for the use of money.
is money that is borrowed but does not required collateral from the borrower.
is money that is borrowed and secured by the lender with collateral from the borrower.

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

_____ Credit Rating

is an assessment of the financial trustworthiness of individuals and corporations.
is the amount charged or paid for the use of money.
is money that is borrowed but does not required collateral from the borrower.
is money that is borrowed and secured by the lender with collateral from the borrower.

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

_____ Credit Rating

is an assessment of the financial trustworthiness of individuals and corporations.
is the amount charged or paid for the use of money.
is money that is borrowed but does not required collateral from the borrower.
is money that is borrowed and secured by the lender with collateral from the borrower.

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

_____Interest Rate

is an assessment of the financial trustworthiness of individuals and corporations.
is the amount charged or paid for the use of money.
is money that is borrowed but does not required collateral from the borrower.
is money that is borrowed and secured by the lender with collateral from the borrower.

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

_____Secured Loan

is an assessment of the financial trustworthiness of individuals and corporations.
is the amount charged or paid for the use of money.
is money that is borrowed but does not required collateral from the borrower.
is money that is borrowed and secured by the lender with collateral from the borrower.

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

_____ Credit Card

is the act of providing or acquiring capital in order to
 pay for a good or service.
is money owed on something you will get a return on,
 such as an investment.
are things (usually sums of money) that are borrowed.
a plastic card that allows buyers to finance purchase

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

_____ Loan

is the act of providing or acquiring capital in order to
 pay for a good or service.
is money owed on something you will get a return on,
 such as an investment.
are things (usually sums of money) that are borrowed.
a plastic card that allows buyers to finance purchase

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