Banking and Investing Vocabulary Quiz
Authored by Suzanne Peters
Mathematics
11th - 12th Grade
CCSS covered
Used 1+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What does the P stand for?
Principal
Rate
Interest
Time
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What does the R stand for?
Principal
Rate
Interest
Time
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What does the I stand for?
Principal
Rate
Interest
Time
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What does the T stand for?
Principal
Rate
Interest
Time
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What is a one-time payment of fee charged for the use of money loaned?
Simple interest
Compound interest
Principal
Rate
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What do you call the money that is being invested?
Principal
Rate
Interest
Checking Account
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What is the interest paid on the principal plus interest added to date called?
Compound interest
Simple interest
Principal
Rate
Tags
CCSS.7.RP.A.3
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