Financial Basics Review
Authored by John Peach
History
6th - 8th Grade
Used 4+ times
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7 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is an example of opportunity cost?
Paying interest on a loan
Saving money by buying a cheaper option
Getting interest on a savings account
Not being able to FaceTime because you bought an Android
2.
DRAG AND DROP QUESTION
30 sec • 1 pt
A (a) is linked to a debit card, where a (b) is borrowing money from the bank to pay later. If you don't pay the entire (c) , you will be charged (d) .
3.
MATCH QUESTION
30 sec • 1 pt
Demand
Good
Supply
Service
4.
MATH RESPONSE QUESTION
1 min • 1 pt
Find the monthly APR of a $1,500 loan at 22% (Round to hundreths)
Mathematical Equivalence
ON
5.
REORDER QUESTION
30 sec • 1 pt
Reorder the following - I removed punctuation :(
is the study
unlimited wants and needs
of limited resources
and
scarcity
6.
DROPDOWN QUESTION
30 sec • 1 pt
The amount of money you are (a) is the (b) balance. You are charged (c) on that balance until it is paid off. Your (d) is both of those together. If you pay your entire balance before it is due, you pay (e) interest at all.
7.
MATCH QUESTION
30 sec • 1 pt
Human Resources
Capital Resources
scarcity
Natural Resources
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