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PersonalFinance-CH03-OpenQs

Authored by Ramsey Seweingyawma

Mathematics

9th - 12th Grade

CCSS covered

Used 1+ times

PersonalFinance-CH03-OpenQs
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7 questions

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1.

OPEN ENDED QUESTION

5 mins • 1 pt

How does Murphy's Law ("anything that can go wrong will go wrong") apply to saving money?

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Tags

CCSS.HSS.MD.B.5

CCSS.HSS.MD.A.3

2.

OPEN ENDED QUESTION

5 mins • 1 pt

How does planning and saving for your future help you build wealth?

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Tags

CCSS.HSS.MD.B.5

CCSS.HSA.CED.A.1

CCSS.HSA.CED.A.2

CCSS.HSF.BF.A.1

CCSS.HSF.BF.A.2

CCSS.HSF.LE.A.2

3.

OPEN ENDED QUESTION

5 mins • 1 pt

What are three questions to ask yourself before you spend your emergency fund?

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CCSS.HSS.MD.B.5

4.

OPEN ENDED QUESTION

5 mins • 1 pt

Explain why making payments on a car is such a poor financial decision.

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Tags

CCSS.HSS.MD.B.5

CCSS.HSS.MD.A.2

5.

OPEN ENDED QUESTION

5 mins • 1 pt

Think back to the story of Jack and Blake. Explain how Jack ended up with more money in his investment account by the time he retired, when Blake invested more money

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Tags

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.3

6.

OPEN ENDED QUESTION

5 mins • 1 pt

Why should you avoid interest rate deals like zero-percent interest?

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CCSS.HSS.MD.B.5

7.

OPEN ENDED QUESTION

5 mins • 1 pt

What are the main differences between saving and investing?

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