
Personal Finance Ch. 1 Savings
Authored by Adam Calhoon
Mathematics
12th Grade
CCSS covered
Used 7+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The first thing you should save for is your _________.
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.3
CCSS.RI.9-10.3
CCSS.RI.9-10.5
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A PAC (pre-authorized checking) does what?
Builds discipline by making sure money goes to savings
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Baby step # 1 is to:
pay off debt
Save $1000 (or $500 if student)
pay off your house
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Place your emergency fund in this account.
money market account
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The typical American has a __________ savings rate.
negative
Tags
CCSS.RI.11-12.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RL.11-12.4
CCSS.RL.9-10.4
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A fully funded emergency fund is ____ months of expenses.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The percentage that your money earns or grows is called the __________.
rate of return
Tags
CCSS.7.RP.A.3
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