
WISE
Quiz
•
Financial Education
•
10th Grade
•
Practice Problem
•
Easy
ESE ES JOVANIII
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21 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What are assets
the price of money
everything a person owns with monetary value
the original amount of money saved or invested
the portion of current income not spent on consumption
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is interest rate?
a rate that deducts a portion of your money from your account
everything a person owns
the percentage paid on money invested or saved.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is liquidity?
The portion of current income not spent on consumption.
The original amount of money saved or invested.
A measurement of how much a person or household owns once all debts have been paid.
how quickly and easily assets can be accessed or converted into cash
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is principal?
The original amount of money saved or invested.
A measurement of how much a person or household owns once all debts have been paid.
The end result of something a person intends to acquire, achieve, do, reach, or accomplish.
The price of money.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is pay yourself first?
An account at a depository institution that provides an easy method for withdrawing and depositing money.
Interest on Interest
saving strategy that states to set aside a predetermined portion of money for saving each time a person is paid before using any of the money for spending
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is compound interest
Interest taken off
Interest saved
Interest on Interest
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Time Value of Money
saving strategy that states to set aside a predetermined portion of money for saving each time a person is paid before using any of the money for spending
a sum of money is worth more now than the same sum will be at a future date due to its earnings potential
An account at a depository institution that provides an easy method for withdrawing and depositing money.
A depository institution account that is designated to hold money not spent on current consumption.
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