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Housing, Cars, Investments, Banking

Authored by Michael Prewitt

9th - 12th Grade

Used 35+ times

Housing, Cars, Investments, Banking
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your house payment should only be ____ of your monthly income

1/3

2/3

1/2

3/4

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The bank will loan you ____ times your yearly income to buy a house?

3

2

1

10

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your bank will loan you up to _____ % of the appraised value of your prospective home purchase.

95

90

100

75

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The value of your house minus what you owe on the home is called your _______.

interest rate

loan pay off

equity

coupon rate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these items can you change when you rent an apartment?

the location of the walls

the flooring

the furniture

the countertops

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one of these is not part of a car deal?

interest rate

trade in value

purchase price

mortgage rate

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a type of car insurance where you are covered if the accident is your fault

liability

collision

renters

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