RMU3A

RMU3A

9th - 12th Grade

12 Qs

quiz-placeholder

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RMU3A

RMU3A

Assessment

Quiz

Other

9th - 12th Grade

Easy

Created by

Mary Buchanan

Used 1+ times

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A loan typically used to buy a home or other piece of real estate for which that property then serves as collateral.

Mortgage

Interest Rate

Credit Utilization

Compounding Interest

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount a lender charges a borrower and is a percentage of the principal—the amount loaned

Mortgage

Interest Rate

Credit Utilization

Compounding Interest

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out,

Mortgage

Interest Rate

Credit Utilization

Compounding Interest

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The percentage of your total credit you're using.

Mortgage

Interest Rate

Credit Utilization

Compounding Interest

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The health care items or services covered under a health insurance plan.

Benefit

Interest rate

Deduction

Percentage

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The act of taking away something (such as an amount of money) from a total.

Benefit

Interest rate

Deduction

Percentage

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A part of a whole expressed in hundredths a high percentage of students attended

Benefit

Interest rate

Deduction

Percentage

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