Chapter 14 Business Quiz
Authored by Heather Whitford-Stronks
Fun
6th - 8th Grade
Used 2+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The 4 reasons why people save are:
so that when they pass away their children will be financially stable
emergency needs, goals, security, and future needs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Saving means...
safely putting $ aside for the future in a bank.
buying proline tickets
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Investing is
putting your $ into a bank account.
using your savings to earn extra income.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False? Savings are protected.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False? Investments can be lost completely.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Stocks, mutual funds, bonds, and collectibles are all examples of:
Savings
Investments
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False? Simple interest is calculated only on the PRINCIPAL--the amount you DEPOSITED
True
False
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