Personal Finance Final
Authored by Tabitha Burton
Other
9th Grade
Used 57+ times
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50 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time
Personal Finance
Bond
Debt
Consumer
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person or organization that uses a product or service
Business
Consumer
Loan Shark
Asset
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money owed to another person or company
Loan
Credit
Debt
Asset
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An expression used to describe a person or household whose monthly income is devoted to expenses and has little to no savings
Paycheck to Paycheck
Bank
Loan Shark
Debt
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The granting of a loan and the creation of debt; any form of deferred payment
Interest Rate
Loan Shark
Credit
Debt
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The percentage of principal charged by the lender for use of its money
Interest
Interest Rate
Liability
Net Worth
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Person or entity that charges borrowers interest rates above an established legal rate
Bank
Loan Shark
Asset
Net worth
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