Financial Vocabulary

Financial Vocabulary

7th Grade

17 Qs

quiz-placeholder

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Financial Vocabulary

Financial Vocabulary

Assessment

Quiz

Mathematics

7th Grade

Practice Problem

Medium

CCSS
7.RP.A.3, RI.5.10, 6.NS.C.5

+12

Standards-aligned

Created by

Haesun Yoo

Used 100+ times

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A type of interest that earns interest on the principal amount and all interest earned.

simple interest

withdraw

loan

compound interest

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the difference between a person's assets and liabilities

deposit

interest

utilities

net worth

Tags

CCSS.6.NS.C.5

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

an expense that is the same every month

variable

fixed

interest

constant

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

money that is earned in exchange for providing goods or services.

interest

income

principal

assets

Tags

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

to put money into an account

withdraw

checking

deposit

interest

Tags

CCSS.7.RP.A.2C

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a type of interest that only earns interest on the principal

simple interest

compound interest

savings interest

interest rate

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

items a person owns with monetary value

liabilities

adsets

checking account

principsl

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