Credit Cards #5
Quiz
•
Social Studies
•
11th Grade
•
Practice Problem
•
Easy
Mrs. Alfieri
Used 2+ times
FREE Resource
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13 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which store card has the worst purchase APR?
Target
Sam's
Apple
Koh's
3 Rivers
2.
OPEN ENDED QUESTION
3 mins • 1 pt
When credit cards' APR has a range, such as 15.99%-27.99%, how do you know which rate you will get?
*go back to G. Classroom, Mar. 24th and watch the video "What is APR"
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3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which store card has the best interest rate for purchases?
Target
Sam's Club
Apple
Kohls
3Rivers
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What is the lowest purchase APR?
*include the %
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which store card has the best APR for a cash advance?
Target
Sam's
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
With a Target card, if you wanted to get a cash advance of $200, what would the FEE be?
(It's either the flat $ rate or the %, whichever is higher)
Multiply 200 by 3%. Then see if that's more or less than the $10 flat fee.
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
With a Sam's card, if you wanted to get a cash advance of $200, what would the FEE be?
(It's either the flat $ rate or the %, whichever is higher)
Multiply 200 by the 3% and see if it's more or less than the $5 flat fee.
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