Credit and Debt Quiz
Authored by TIMOTHY KPM-Guru
Mathematics
5th Grade
CCSS covered
Used 2+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
............................. is an amount of money received by anyone who saves money in a bank within a period of time.
compound interest
Simple interest
money interest
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
............................ is an interest received from the savings and interest collected each year.
Compound interest
simple interest
money interest
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The ................. is a loan convenience by the bank.
Phone
debit card
credit card
farley card
Tags
CCSS.RI.3.10
CCSS.RI.4.10
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
.............. is a type of loan.
money
cash
Credit
Tags
CCSS.RI.3.10
CCSS.RI.4.10
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
......... is a loan needed to be paid by someone.
cash
Debt
Money
Tags
CCSS.RI.4.4
CCSS.RI.5.4
CCSS.RL.5.1
CCSS.RL.5.4
CCSS.RL.6.4
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happen if we late pay for credit card?
nothing happen
get you profit
late payment charge
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Purchasing via cash will get you in debt. True or False ?
true
false
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