Quiz 8.3

Quiz 8.3

12th Grade

8 Qs

quiz-placeholder

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Quiz 8.3

Quiz 8.3

Assessment

Quiz

Mathematics

12th Grade

Medium

Created by

Jayson Hamilton

Used 1+ times

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A savings account is a____________place to store your cash

safe

bad

risky

questionable

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A saving account is for

investing

regular spending

long-term saving goals

entertainment spending

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your emergency fund should go into your checking account, NOT a money market account.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A debit card, ATM access, payroll deposits, and checks are features of

a money market account

a savings account

a checking account

online banking

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

With a certificate of deposit (CD) you have to pay a penalty for

withdrawing you money early

deposits

creating a savings account

using an ATM

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Avoid any bank service that leads to

multiple accounts

savings

debt

gaining interest

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Liquidity is

how quickly you can access money

a great way to find the right service

when you deposit gold or silver

how money flows into the bank

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A debit card linked to your checking account is a good option for regular spending

True

False