Financial Literacy Chapter 4

Financial Literacy Chapter 4

12th Grade

45 Qs

quiz-placeholder

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Financial Literacy Chapter 4

Financial Literacy Chapter 4

Assessment

Quiz

Mathematics

12th Grade

Medium

CCSS
HSA.SSE.A.1, HSA.CED.A.1, 7.NS.A.3

+15

Standards-aligned

Created by

Robin Duncan

Used 4+ times

FREE Resource

45 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Banks are a place to keep money safe.
True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Putting money in a bank is called a deposit.
True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Interest is a fee charged by a borrower to the lender for the use of money.
True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

The current amount of money in you bank account is your balance.
True
False

Tags

CCSS.5.NBT.A.1

CCSS.5.NBT.A.3

CCSS.5.NBT.B.7

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Simple interest is paid on principal and accumulated interest.
True
False

Tags

CCSS.HSA.SSE.A.1

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Compound interest is paid on principal and accumulated interest.
True
False

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.SSE.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Debit cards are used to make deposits more conveniently than with deposit slips.
True
False

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