Financial Literacy End of Course Quiz
Authored by Jonathan Ng
Life Skills
10th - 12th Grade
Used 3+ times
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22 questions
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1.
OPEN ENDED QUESTION
1 min • Ungraded
From the perspective of the regular consumer, like you and me, what is inflation and why do we need to care about it?
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2.
OPEN ENDED QUESTION
2 mins • Ungraded
How can we grow our money with a bank?
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3.
OPEN ENDED QUESTION
3 mins • Ungraded
What is meant by the phrase "the power of compound interest"?
How can we maximise and benefit most from this power?
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4.
OPEN ENDED QUESTION
2 mins • Ungraded
What are the pros and cons of using credit cards?
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5.
OPEN ENDED QUESTION
2 mins • Ungraded
What is the difference between investment and speculation?
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6.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
What does ROI stand for?
(a)
7.
FILL IN THE BLANKS 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?
(a)
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