
Money Test #2
Authored by Caden Mathis
Mathematics
12th Grade
CCSS covered
Used 4+ times

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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
Tags
CCSS.L.8.5A
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
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 QUESTION
30 sec • 1 pt
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
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is an exceptional credit score?
672
555
713
813
Tags
CCSS.7.NS.A.2C
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The least amount that must be paid on a credit card each month is
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money from nonprofit and private organizations that do not need to be repaid.
Grants
Scholarships
Financial Bonus
Beneficiary
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A key difference between saving and investing is
Saving is for everyone, investing is for the wealthy
Your money is insured when investing, it is not in savings
Investing has a guaranteed return, savings does not
Saving is for emergencies & goals, investing is for long-term wealth
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