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Borrowing, saving, and investing

Authored by MUZOON ALLAWGHANI

Life Skills, Business

9th Grade

Used 40+ times

Borrowing, saving, and investing
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6 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the act of taking money from a financial institution and paying it back later?

Investing

Saving

Lending

Borrowing

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is saving?

Buying a financial product or asset to earn more money.

Putting money to the side to spend it later.

Recieving money from a financial institution and paying it back later.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can you get money?

Borrowing

Saving

Investing

All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of financial institution focuses on lending money for buying property like houses, and building.

Overdraft

Mortgage lenders

Student loans

Bank loans

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Sarah wanted to start her own business, but she didn't have enough money to set it up, so she took a loan from the bank. What is this act called

Investing

Saving

Borrowing

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Borrowing is the act of putting money to the side for the future.

False

True

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