Foundations of Personal Finance Chapter 2 Quiz

Foundations of Personal Finance Chapter 2 Quiz

9th Grade

18 Qs

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Foundations of Personal Finance Chapter 2 Quiz

Foundations of Personal Finance Chapter 2 Quiz

Assessment

Quiz

Mathematics

9th Grade

Medium

CCSS
7.RP.A.3, 3.OA.D.9, 6.RP.A.3B

+1

Standards-aligned

Created by

Sherrie Beyen

Used 2+ times

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18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

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An account that generates interest income on the available balance in the account

Interest Bearing Account
Compound Interest
Simple Interest
Inflation

2.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

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The five steps to financial success

The Five Compliments
The Five Foundations
The Five Freedom Steps
The Five Money Saving Steps

3.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

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A savings account that is set aside to be used only for emergency expenses

Safety Fund
Emergency Fund
Savings Fund
Expense Fund

4.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

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Interest paid on interest previously earned

Simple Interest
Frequent Interest
Interest Account
Compound Interest

5.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

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Saving money over time for a large purchase

Savings Account

Sinking Fund

Checking Account

Interest Bearing Account

6.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

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A rate which is either charged (on debt) or paid (on investment accounts) for the use of money

Interest Rate
Savings Rate
Inflation Rate
Interest Percentage

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

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The persistent increase in the cost of goods and services or the persistent decline in the purchasing power of money

Deflation
Interest
Inflation
Recession

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