CPB 2.2

CPB 2.2

10th Grade

10 Qs

quiz-placeholder

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CPB 2.2

CPB 2.2

Assessment

Quiz

Business

10th Grade

Medium

Created by

Bob Phillips

Used 2+ times

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10 questions

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1.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

What is the percentage rate calculated in such a way as to make it easy to compare different interest rates?

2.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Interest rates that stay the same for the life of a loan are called _____ ________ _____.

3.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

A yearly negotiable fee for having a credit card is a _______ fee.

4.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

If you use a credit card and pay off the _______ each month you pay no interest.

5.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

An origination fee is when a ____ may charge you to take out a loan.

6.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

When you pay down on a house you are expected to pay at least _______ _______ or you have to take out mortgage insurance.

7.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

When you pay back your loan in monthly payments it is called ___________ credit.

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