Financial Literacy End of Course Quiz

Financial Literacy End of Course Quiz

10th - 12th Grade

22 Qs

quiz-placeholder

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Financial Literacy End of Course Quiz

Financial Literacy End of Course Quiz

Assessment

Quiz

Life Skills

10th - 12th Grade

Practice Problem

Easy

Created by

Jonathan Ng

Used 3+ times

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22 questions

Show all answers

1.

OPEN ENDED QUESTION

1 min • 1 pt

From the perspective of the regular consumer, like you and me, what is inflation and why do we need to care about it?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

2 mins • 1 pt

How can we grow our money with a bank?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is meant by the phrase "the power of compound interest"?

How can we maximise and benefit most from this power?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

2 mins • 1 pt

What are the pros and cons of using credit cards?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

2 mins • 1 pt

What is the difference between investment and speculation?

Evaluate responses using AI:

OFF

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What does ROI stand for?

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The price of a share was $5 in 2019, and you invested $1000 into that company.

If the share price is $15 now, what is the value of your shares if you sell them?

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