Financial Literacy

True or False: Negative information stays on your credit report for 7-10 years.

• True
• False

Tags

CCSS.RI.11-12.3

CCSS.RI.6.3

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

To put money into an account.

• Deposit
• Withdraw
• Savings for a chicken
• Interest for a cow

Tags

CCSS.L.8.5A

Benefits of credit cards include:

• safe and convenient, bonuses are offered
• allows you to build a positive credit report
• needed for reservations and online shopping
• all of these

What is the starting balance on this check register?

• 4720.33
• 4500.00
• 4500.75
• 4320.00

Tags

CCSS.7.NS.A.3

What was the balance of the account at the end of the day on 7/24?

• 4720.33
• 4320.03
• 5091.15
• 4500.75

Tags

CCSS.7.NS.A.3

What degree provides the highest earning potential in pay?

• High School  Diploma
• Associate's Degree
• Undergraduate Degree
• Master's Degree

Money is withdrawn directly from a checking or savings account.

• Debit Card

• Credit Card

• Both

Each purchase is a loan that is repaid later.

• Debit Card

• Credit Card

• Both

Tags

CCSS.RI. 9-10.7

CCSS.RI.8.7

CCSS.RL.6.9

CCSS.RL.7.7

CCSS.RL.8.5

Consumers can purchase items now and pay for them later.

• Debit Card

• Credit Card

• Both

Hefty fees may be charged if you spend more than what is in the account.

• Debit Card

• Credit Card

• Both