
Finance Quiz
Authored by Caden Brown
Other
12th Grade
Used 6+ times

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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the percentage of funds paid for the use of money called?
Interest Earned
Investment
Interest
Interest Charged
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of financial institution is a for-profit entity licensed to receive deposits, make loans, and provide other financial services?
Credit Union
Pay Day Lenders
Banks
Title Pawn Lenders
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of financial institution is a nonprofit cooperative whose members can make deposits, borrow money, and access other services?
Banks
Credit Union
Pay Day Lenders
Title Pawn Lenders
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of financial institution lends customers small amounts of money at high interest rates to be paid back on the borrower's next paycheck?
Banks
Credit Union
Pay Day Lenders
Title Pawn Lenders
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which investment is considered the best way to diversify your investments?
Bonds
Certificates of deposit
Stocks
Mutual funds
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of investment can pay dividends?
Bonds
Certificates of deposit
Stocks
Mutual funds
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which investment type is described as gathering money from individual investors?
Bonds
Certificates of deposit
Stocks
Mutual funds
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