Credit

Credit

9th Grade

15 Qs

quiz-placeholder

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Atividade Educação Financeira 9º Ano EF

Atividade Educação Financeira 9º Ano EF

9th Grade

15 Qs

Credit

Credit

Assessment

Quiz

Financial Education

9th Grade

Medium

Created by

Nicholas Pierce

Used 1+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What should you NOT use a loan to purchase?

A house

Tuition for higher education

Airline tickets to your dream vacation

A car

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which item is important to consider when selecting a credit card

Annual Perecentage Rate (APR)

Credit limit

The look of the credit card

Both APR and Credit limit

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is NOT a benefit of having a good credit score?

When you need a loan, you'll have more loan offers to pick from

You'll get better interest rates on your loans

You'll get more job offers

You'll get accepted to better education institutions.

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Not managing your debt wisely can result in ..

An increase in your credit score

A decrease in your credit score

Inaccessible credit score

No change in your credit score.

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The purchase via credit usually is imposed with interest

false

true

idk

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A fee that a bank, credit card, or other lender charges for the opportunity to purchase something and pay for it over time is called:

Interest

Dividend

Credit

Finance Rate

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Credit means you ________now and ________ it back later.

Borrow, Pay

Pay, Borrow

Pay, Pay

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