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Savings Grade 7

Authored by Michael Bronitsky

Business

7th Grade

Used 4+ times

Savings Grade 7
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Putting aside money for future use is called

savings

credit

checking

spending

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things that are essential are called

wants

needs

choices

options

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things you would like to have are called

bills

needs

wants

credit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A breakdown of your income and expenses for a set period of time is called a(n)

checking account

credit card

savings account

budget

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bank account that allows you to save for future use and earn interest is called a(n)

savings account

checking account

credit card

debit card

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A type of savings account offered to to young adults and students that may have additional benefits including no monthly fees and no minimum balance requirement.

teen savings account

debit account

credit card account

None of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Automatic Teller Machine. Allows a customer to take out physical currency from their bank account.

ATM

DC

ATT

None of the above

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