
Personal Finance Challenge Practice Test
Authored by Robin Palmer
Mathematics
9th - 12th Grade
CCSS covered
Used 21+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Common stock provides the shareholder with:
ownership in a company.
a set interest rate per year.
guaranteed annual dividends.
insured protection on investment.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Suzy backs her car into a metal fence, causing $500 of damage to her car. Suzy has an auto insurance policy with a $200 deductible. To get her car fixed, how much will her auto insurance company pay?
$0
$200
$300
$500
Tags
CCSS.7.EE.B.3
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Liquidity risk is highest for which type of investment?
real estate
mutual fund
savings account
individual stocks
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which strategy is most likely to improve most people’s financial situation over a lifetime?
using credit to spend more than a person earns
making financial decisions quickly based on intuition
saving early in life when a person begins earning an income
gaining work experience early instead of continuing in school
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Beginning to save while you are young is recommended by financial experts because it:
is easier to save when you first begin earning income.
is hard to save later in life when you have more income to spend.
allows you to lock in higher interest rates when you buy on credit.
lets compound interest work in your favor by earning interest on interest.
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When making an investment, “market price risk” refers to which possibility?
the difficulty of converting one’s in-vestment into cash
the value of the investment could decrease over time
the inability to get any money back from the investment
the interest earned might be greater than the rate of inflation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which three things do creditors consider to be most important when judging a person’s creditworthiness to buy a house or car?
marital status, gender, location
character, collateral, and capacity
length of loan, credibility, commissions
occupation, connections, income sources
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
15 questions
Adding and subtracting polynomials
Quiz
•
9th Grade - University
20 questions
1.0 INDEKS Tingkatan 3
Quiz
•
KG - Professional Dev...
10 questions
INDEX NUMBER
Quiz
•
12th Grade
12 questions
Revision - BOMDAS, Rates, Ratios, Best buys and Percentages
Quiz
•
9th - 10th Grade
15 questions
SOAL MATEMATIKA PEMINATAN - XII MIPA
Quiz
•
12th Grade - University
10 questions
Maths
Quiz
•
KG - 12th Grade
20 questions
Sequences
Quiz
•
10th Grade
15 questions
SUMMATIVE TEST #5 (QUARTER 2)
Quiz
•
10th Grade
Popular Resources on Wayground
8 questions
Spartan Way - Classroom Responsible
Quiz
•
9th - 12th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
14 questions
Boundaries & Healthy Relationships
Lesson
•
6th - 8th Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
3 questions
Integrity and Your Health
Lesson
•
6th - 8th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
9 questions
FOREST Perception
Lesson
•
KG
20 questions
Main Idea and Details
Quiz
•
5th Grade
Discover more resources for Mathematics
20 questions
Graphing Inequalities on a Number Line
Quiz
•
6th - 9th Grade
11 questions
Adding and Subtracting Polynomials
Quiz
•
9th Grade
20 questions
Box and Whisker Plots
Quiz
•
9th Grade
18 questions
Exponential Growth and Decay
Quiz
•
9th Grade
25 questions
Logos
Quiz
•
12th Grade
12 questions
Equation of a Circle
Lesson
•
10th Grade
12 questions
Exponential Growth and Decay
Quiz
•
9th Grade
14 questions
Making Inferences From Samples
Quiz
•
7th - 12th Grade