
The Latte Factor
Authored by A J
English
10th Grade
CCSS covered
Used 4+ times

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13 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What does TFSA stand for?
True Fresh Savings Account
Timed Financial Savings Account
Total Fixed Statistics Account
Tax Free Savings Account
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What are the three myths of money according to the Latte Factor?
1. Making more money will make you rich.
2. You need to invest 80% of what you make to become rich.
3. The government will not support those who have no money.
1. Invest when you can.
2. Only you can manage your money.
3. Cars are expensive.
1. Making more money will make you rich.
2. It takes money to make money.
3. Someone else will take care of you (gov't, spouse etc.)
There are no myths of money.
Tags
CCSS.RI.11-12.9
CCSS.RI.9-10.9
CCSS.RL.11-12.9
CCSS.RL.9-10.9
CCSS.RL.K.6
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Rule 72 means what?
How often your money will double based on the interest your investments generate.
At what age you should retire.
The percentage you need to earn to make a million.
How often you can expect to travel if you have a million dollars.
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Compound interest can make you a millionaire because you earn interest on your interest.
True
False
Tags
CCSS.HSF-LE.A.1C
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
If you invest $5K and you earn 10% how much interest have you earned?
$5
$50
$50.50
$500
Tags
CCSS.6.RP.A.3C
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Credit cards are bad because ruin your credit score.
True
False
Tags
CCSS.RL.11-12.6
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Automatic investing is key to success more than budgeting according to The Latte Factor.
True
False
Tags
CCSS.RI.11-12.9
CCSS.RI.9-10.9
CCSS.RL.11-12.9
CCSS.RL.9-10.9
CCSS.RI.K.6
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