Financial Literacy Chapter 1 Vocabulary Quiz
Authored by Maya Takase-Kay
Mathematics
9th - 12th Grade
CCSS covered
Used 1+ times
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14 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An arrangement to receive cash, goods, or services now and pay for them in the future.
debit
credit
debt
interest
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
total assets minus total liabilities
interest
positive net worth
debt
net worth
Tags
CCSS.6.NS.C.7C
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Percentage of amount borrowed to be added to the amount loaned and paid back
interest rate
debit
liability
loan
Tags
CCSS.6.RP.A.3C
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A set of goals for spending, saving, and investing the money you receive.
interest
net worth
financial plan
interest rate
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
an obligation to pay money to someone
loan shark
financial planning
liability
debt
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A person who purchases goods and services for personal use
consumer
loan shark
interest
interest rate
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
All of the decisions and activities of an individual or family regarding their money, including spending, saving, budgeting, etc
debt
interest
financial plan
personal finance
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