Financial Terms
Authored by Lamark Shackerford
English, Social Studies
7th - 8th Grade
Used 15+ times
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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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