4. Debt Management

4. Debt Management

9th Grade

10 Qs

quiz-placeholder

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4. Debt Management

4. Debt Management

Assessment

Quiz

Business

9th Grade

Easy

Used 29+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is better to pay by credit card when purchasing items?

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The least amount that must be paid on a credit card balance each month is the

Minimum payment

Credit limit

Late fee

Money time

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is better to have a

Visa card

Mastercard

Debit card

American Express card

4.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Before receiving a loan you will need to sign a

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

According to Moneysmart a good target to have in your emergency fund in case something happens is

approximately $500

enough to cover 3 months of expenses

emergency fund... what emergency fund ...

enough to cover subscription and entertainment expenses

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you put money into a savings account, you'll earn extra money called interest. If you leave that interest in the account along with the original amount, it

compounds

earns

is compulsory

is a deposit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you want to buy a house, then you should start with identifying

a house to buy

a good location to live in

SMART goals

SMIRT goals

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