Chapter 2

Chapter 2

9th - 12th Grade

12 Qs

quiz-placeholder

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Chapter 2

Chapter 2

Assessment

Quiz

Other

9th - 12th Grade

Medium

Created by

Alicia Dunlap

Used 25+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account that generates interest income on the available balance in the account.

Interest Rate

Sinking Fund

Compound Interest

Inflation

Interest-Bearing Account

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The five steps to financial success

Sinking Fund

The Five Foundations

Emergency Fund

Inflation

Compound Interest

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A savings account that is set aside to be used only for emergency expenses.

Interest-Bearing Account

Sinking Fund

The Five Foundations

Emergency Fund

Compound Interest

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest paid on interest previously earned.

Interest Rate

Compound Interest

Interest-Bearing Account

Sinking Fund

Inflation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Saving money over time for a large purchase.

Inflation

Emergency Fund

Interest-Bearing Account

The Five Foundations

Sinking Fund

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The persistent increase in the cost of goods and services or the persistent decline in the purchasing power of money.

Interest Rate

Sinking Fund

Inflation

Interest-Bearing Account

Emergency Fund

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A rate which is either charged (on debt) or paid (on an investment) for the use of money.

Inflation

Interest Rate

Emergency Fund

Interest-Bearing Account

The Five Foundations

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