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Financial Literacy Review

Authored by Julia Coffman

Special Education

9th Grade

15 Questions

Used 9+ times

Financial Literacy Review
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Occurring or returning once a year; happens yearly

principal

annual

rate

credit card

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of funds available in an account

credit card

interest

balance

debt

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A cooperative group that is like a private bank making loans to it's members at lower rates of interest.

principal

minimum

checking

credit union

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The recording or entry made of a debt in an account.

rate

debit

income

balance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ability to borrow or to buy goods and services with payment at a later time.

interest

minimum

income

credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A plastic item that identifies a person as entitled to have food, merchandise or anything purchased in person or online, later billed on a charge account.

savings

checking

annual

credit card

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The act of lending; temporary use of something with the promise of returning the balance in full.

loan

checking

debit

balance

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