PF: Chapter 1: Lesson 1
Authored by Annie Boggs
Business
12th Grade
Used 3+ times
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8 questions
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1.
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1 min • 3 pts
All the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time
2.
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1 min • 3 pts
A person or organization that uses a product or service
3.
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1 min • 3 pts
Money owned to another person or company
4.
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1 min • 3 pts
An expression used to describe a person or household whose monthly income is devoted to expenses and has little to no saving
5.
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1 min • 3 pts
The granting of a loan and the creation of debt; any form of deferred payment
6.
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1 min • 3 pts
The percentage of principal charged by the lender for use of its money
7.
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1 min • 3 pts
A person or entity that charges borrowers interest rates above an established legal rate
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