Personal Finances

Personal Finances

9th - 12th Grade

20 Qs

quiz-placeholder

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Personal Finances

Personal Finances

Assessment

Quiz

Life Skills

9th - 12th Grade

Practice Problem

Medium

Created by

Rebekah Krawiec

Used 16+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A debt evidenced by a "note," which specifies the principal amount, interest rate and date of repayment

loan
net worth
down payment
investment

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sum paid or charged for the use of money or for borrowing money

interest
net worth
FICA
property tax

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A loan to purchase a home or other real estate

mortgage
budget
state tax
net worth

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a portion of the total cost of an item that must be paid at the time of purchase

down payment
FICA
investment
insurance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a bank account that earns interest

savings account
investment
checking account
debit card

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A retirement account offered through an employer, where an employee can contribute money from his or her paycheck before or after taxes.

401K
Income
investment
state tax

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account that allows quick access to funds for transactions

checking account
investment
mortgage
budget

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