Ch4 L4 & L5
Authored by Stephen Loszewski
Life Skills
9th - 12th Grade
Used 10+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The loss in value of an asset overtime is called...
Depreciation
Negative Equity
Appreciation
Asset Decline
2.
MATCH QUESTION
1 min • 1 pt
Match the following credit card fees to the proper description.
Borrowing money on your credit card.
Finance Charge
A yearly payment to own a certain card.
Annual Fees
Interest earned on late payments.
Balance Transfer Fee
You spent more than your credit limit.
Cash Advance Fee
Moving money onto your credit card.
Over-Limit Fee
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The average credit card debt of 30 year old's in the US is ____
$250
$4200
$7000
$13,000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The average credit card debt in the US for 18 year old's is ___
$150
$700
$1,200
$5,500
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What age must you be in order to take out a credit card on your own in MOST cases?
16
18
21
26
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When the value of an asset falls below what you paid for it, that is called...
Depreciation
Negative Equity
Appreciation
Asset Decline
7.
DRAG AND DROP QUESTION
1 min • 1 pt
On average, a car loses (a) of it's value within the first year, leading to (b) .
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
