Unit 6 Personal Finance

Unit 6 Personal Finance

9th - 12th Grade

64 Qs

quiz-placeholder

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Unit 6 Personal Finance

Unit 6 Personal Finance

Assessment

Quiz

Life Skills, Social Studies

9th - 12th Grade

Medium

Created by

Taylor Redd

Used 5+ times

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64 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Name one characteristics of money

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Today, money changes hands through what?

checks

credit cards

debit cards

electronic payment systems

all the above

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What does CD stand for when talking about investments?

Calculated Dividend
Certificate of Deposit
Central Dollar
Current Deposit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is just a savings account with a slightly higher interest rate because the saver commits to a longer saving period for a set amount deposited.

C.D.
debt

money market

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Taking more money out of your account than is available​ is called?

Overdraw
Deposit
Withdraw
Balance

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is one difference between Banks and Credit Unions?

Banks have Checking accounts and Credit Unions have Savings Accounts
Banks are for profit.  Credit Unions are Non-profit.
Banks can give loans and Credit Unions cannot
Credit Unions allow everyone to join and Banks are selective

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the amount of money required to be stay in an account?

Maximum Balance
Minimum Balance
Minimum Deposit
Maximum Deposit

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