Unit 11 Financial Literacy RETEST

Many payment options are available to help with the cost of a college education. A payment option that allows you to work on campus at your college and earn money is called what type of payment option?

• Scholarship

• Loan

• Grant

• Work-study

Which statement best describes purchases made with a debit card?

• Purchases made with this card are subject to interest.

• Purchases made with this card can be paid over time.

• Purchases made from this card are withdrawn directly from a bank account.

• Purchases made with this card are subject to a credit limit.

Based in the transactions in Nina's check register, what is the balance in dollars and cents in her checking account at the end of the day on April 23rd?

Tags

CCSS.6.NS.B.3

Information stays on your credit report for 7-10 years

• TRUE

• FALSE

When money is put into a checking account it increases the account balance and is called a

• Withdrawal

• Deposit

Tags

CCSS.6.NS.B.3

When money is taken out of a checking account, it decreases the account balance and is called a

• Withdrawal

• Deposit

Tags

CCSS.6.NS.B.3