Chapter 11
Authored by Derrick Donaldson
Mathematics
9th - 12th Grade
CCSS covered
Used 10+ times
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It's best to develop good __________ now instead of waiting until you're on your own to figure it all out.
Real estate investments
Diet and exercise plans
Money habits
Friendships
Tags
CCSS.RL.8.1
CCSS.RI.8.2
CCSS.RL.11-12.2
CCSS.RL.9-10.2
CCSS.RL.7.1
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Renting is a great option for many people.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your rent payment should total no more than ___% of your take-home pay.
50
75
25
10
Tags
CCSS.6.RP.A.3C
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you're ready to buy a house, the best option is a _________.
20-year VA loan
30-year equity loan
15-year fixed-rate conventional mortgage
30-year fixed rate mortgage
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does cost of living refer to?
How much of your monthly income is budgeted specifically for your rent or mortgage
The level of wealth, comfort, material goods and necessities available to a group of people
The average cost of the basic goods and services needed to maintain a certain standard of living
How wealthy or poor you are at the time of purchasing your first home
Tags
CCSS.RL.8.1
CCSS.RI.8.2
CCSS.RL.11-12.2
CCSS.RL.9-10.2
CCSS.RI.7.2
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Making periodic payments to a landlord for the use of their property is called ___________.
Down Payment
Renting or leasing
Security deposit
Buying
Tags
CCSS.RI.11-12.5
CCSS.RI.9-10.5
CCSS.RI.11-12.3
CCSS.RI.9-10.3
CCSS.RI.8.3
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You should rent until you are able to __________.
Buy amenities
Invest in stocks
Buy a home the right way
Become a landlord someday
Tags
CCSS.RL.8.1
CCSS.RI.8.8
CCSS.RI.8.1
CCSS.RL.11-12.1
CCSS.RL.9-10.1
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