Unit 11: Financial Literacy
Quiz
•
Mathematics
•
6th Grade
•
Medium
+8
Standards-aligned
DeAnna Rea
Used 3+ times
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13 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Why is it important to have a positive credit history?
It can earn you a higher interest rate on a loan.
It will affect your ability to buy a house or car.
It will allow you to be able to skip payments on your credit card.
It will allow you to pay just interest and not principal amount on a loan.
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
How can you establish a positive credit history?
Paying your bills on time
Buying stuff with cash only
Paying less than the minimum payment
Maxing out your credit card
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a student loan?
A college savings account
A loan you have to pay back with interest.
Money awarded to a student that they don't have to pay back.
A bank account
Tags
CCSS.RI.4.5
CCSS.RI.5.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Credit Card is
a card that allows you to pay the balance over a period of time, subject to interest
a card that immediately deducts funds from your checking account
Tags
CCSS.6.NS.C.5
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Debit Card is
a card that allows you to pay the balance over a period of time, subject to interest
a card that immediately deducts funds from your checking account
Tags
CCSS.6.NS.C.5
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a transfer?
an addition of money into a bank account
moving money from one account to another
the removal of money from a bank account
Tags
CCSS.7.NS.A.1A
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a deposit?
an addition of money into a bank account
moving money from one account to another
the removal of money from a bank account
Tags
CCSS.6.NS.C.7C
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