
Money Test #2
Assessment
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Caden Mathis
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Mathematics
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12th Grade
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4 plays
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Easy
Student preview

13 questions
Show answers
1.
Multiple Choice
What is debt?
Another word for death
Something, typically money, that is owed or due
A loan on which you do not have to pay interest
That which is incurred during childhood and consummated in college
2.
Multiple Select
What is a credit score?
a number between 300 and 850 representing your creditworthiness
a statistical number that evaluates a consumer's trustworthiness and is based on credit history.
The higher it is, the better your credit is
All of the above
3.
Multiple Choice
What is an interest rate?
it is your level of interest about a certain topic expressed as a percentage of your total interest
The amount in terms of dollars that you have to pay back on a purchase
it is the rate at which your interest in something expires. The higher the number, the quicker your interest expires
The amount in terms of a rate or percentage that you have to pay back on an amount borrowed
4.
Multiple Choice
Which is an exceptional credit score?
672
555
713
813
5.
Multiple Choice
Late Fee
Credit Limit
Payment amount
Minimum Payment
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