Financial Literacy Chapter 4
Authored by Robin Duncan
Mathematics
12th Grade
CCSS covered
Used 4+ times
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45 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Banks are a place to keep money safe.
Tags
CCSS.RI. 9-10.2
CCSS.RI.11-12.2
CCSS.RI.8.2
CCSS.RL.11-12.2
CCSS.RL.9-10.2
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Putting money in a bank is called a deposit.
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Interest is a fee charged by a borrower to the lender for the use of money.
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
The current amount of money in you bank account is your balance.
Tags
CCSS.5.NBT.A.3
CCSS.5.NBT.B.7
CCSS.5.NBT.A.1
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Simple interest is paid on principal and accumulated interest.
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Compound interest is paid on principal and accumulated interest.
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Debit cards are used to make deposits more conveniently than with deposit slips.
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