Money Test #2

Money Test #2

Assessment

Assessment

Created by

Caden Mathis

Mathematics

12th Grade

4 plays

Easy

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13 questions

Show answers

1.

Multiple Choice

30 sec

1 pt

Media Image

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

30 sec

1 pt

Media Image

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

30 sec

1 pt

Media Image

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

30 sec

1 pt

Which is an exceptional credit score?

672

555

713

813

5.

Multiple Choice

30 sec

1 pt

The least amount that must be paid on a credit card each month is

Late Fee

Credit Limit

Payment amount

Minimum Payment

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