Personal Finance Quarter 4 Common Assessment

Personal Finance Quarter 4 Common Assessment

12th Grade

•

44 Qs

quiz-placeholder

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Personal Finance Quarter 4 Common Assessment

Personal Finance Quarter 4 Common Assessment

Assessment

Quiz

•

Business

•

12th Grade

•

Practice Problem

•

Medium

Created by

Hector Mendoza

Used 9+ times

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44 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

True or False. When financing a car, you can only put down a 20% down payment.

True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

True or False. Interest on a loan is usually expressed as a percentage.

True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

True or False. When purchasing a car, having a poor credit score would NOT impact the interest rate of a loan.

True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

True or False. With car ownership, a periodic expense could be getting new brakes.

True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

True or False. If you are ever involved in a car accident, you only need to file a police report if the accident was involves more than two cars.

True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

True or False. Not making loan payments on time will bring down your credit score.

True
False

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

True or False. It is better to lease a car than purchase one.

True
False

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