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Financial Terms

Authored by Lamark Shackerford

English, Social Studies

7th - 8th Grade

Used 15+ times

Financial Terms
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13 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a plan for spending or saving money that is made up of income and expenses?

Chart

Savings

Budget

Spreadsheet

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the monetary fee your are charged for borrowing money called.

Interest

Percentage

Principal

Charge

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The percentage of interest you either make or pay on a principal.

Percentage

Money

Principal

Interest Rate

4.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

_____ is the short for Automated Teller Machine

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.

Principal

Loan

Favor

Interest

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.

Loan

Borrow

Interest

Credit

7.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

A ______ account is one where your money will earn interest on the deposit amount

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