Intro to Credit
Authored by William Stewart
Mathematics, Life Skills
10th - 12th Grade
CCSS covered
Used 32+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the principal of the loan?
the initial amount of the loan
the cost of borrowing the loan
the period of time you take out the loan for
a manager in charge of the loan
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a loan term?
The amount of time a revolving line of credit can be open
The payment of income to a savings account in regular payments over a set period of time.
The period in which the loan is to be repaid, each payment broken down into individual installments
Specifically related to the black market for human organs, and typically meant as the length of time one's kidney will be used for other purposes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Type of loan used specifically for purchasing a home is a __________
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Another name for open ended credit is ____________ credit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____________ is a report that details how a person has used credit in the past.
Tags
CCSS.RI.11-12.5
CCSS.RI.9-10.5
CCSS.RI.8.5
CCSS.RI.6.5
CCSS.RI.7.5
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is when the interest rate will remain the same for the life of the loan
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If the collateral for your secured loan can be taken away, why get a secured loan at all?
Because they usually have a higher interest rate
Because they usually have a lower interest rate
Banks give you an extra 90 days to make a missed payment
Banks typically don't charge interest for the first 12 months
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
20 questions
math
Quiz
•
12th Grade
20 questions
Review 1.7 & 1.8
Quiz
•
9th - 10th Grade
20 questions
Mixed Math Practice
Quiz
•
12th Grade
20 questions
BASIC CALCULUS 4
Quiz
•
11th Grade
20 questions
7th Grade Week 2 Review
Quiz
•
12th Grade
20 questions
quiz 3
Quiz
•
7th Grade - University
20 questions
F.1 CES UT1 Revision
Quiz
•
7th Grade - University
20 questions
Area Review
Quiz
•
9th - 12th Grade
Popular Resources on Wayground
8 questions
Spartan Way - Classroom Responsible
Quiz
•
9th - 12th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
14 questions
Boundaries & Healthy Relationships
Lesson
•
6th - 8th Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
3 questions
Integrity and Your Health
Lesson
•
6th - 8th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
9 questions
FOREST Perception
Lesson
•
KG
20 questions
Main Idea and Details
Quiz
•
5th Grade
Discover more resources for Mathematics
25 questions
Logos
Quiz
•
12th Grade
12 questions
Equation of a Circle
Lesson
•
10th Grade
14 questions
Making Inferences From Samples
Quiz
•
7th - 12th Grade
10 questions
Exploring Planet Earth and Its Unique Features
Interactive video
•
6th - 10th Grade
14 questions
Module 3 Topic 2 Vocabulary Quiz
Quiz
•
10th Grade
10 questions
Calculating the Volume of Rectangular Prisms
Interactive video
•
6th - 10th Grade
16 questions
Properties of Quadrilaterals
Quiz
•
11th Grade
23 questions
8th grade math unit 5B Perfect Squares and Cubes
Quiz
•
6th - 12th Grade