Finance
Authored by Brandon McCafferty
Special Education
9th - 12th Grade
Used 29+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the best definition for payment?
Petting a dog
Borrowing money from someone
Paying someone
Person who lends money
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the best definition of budget?
An estimate of income for a period of time.
Paying someone
A person who borrows money
Borrowing money for a car
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the best definition for loan?
Stealing from a bank
Something borrowed that is expected to be paid back.
Money set aside for an unplanned expense
Paying someone
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the best definition for emergency fund?
Money set aside for unplanned expenses
Money that you spend every day
Money that is used for video games
Money used for eating at a restaurant
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the best definition for interest rate?
How interested someone is in you
How interested you are in someone
Money set aside for unplanned expenses
Amount a lender charges a borrower and is a percentage of the amount owed
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the best definition for Principal?
A fast car
A rabbit
Original sum of money borrowed
Person who lends money
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the best definition for lender?
A person who borrows money
A person who leads people
A video game
A person who lends money
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