Credit Cards-- Vocabulary
Authored by Savannah Sowa
Mathematics
11th Grade
CCSS covered
Used 2+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define the term 'Amortization Table'.
A table detailing the periodic payment on a loan
A chart showing the stock market trends
A list of all assets and liabilities
A schedule of upcoming meetings
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define the term 'Annual Fee'.
A fee charged annually for services or membership.
A one-time fee charged at the beginning of a service.
A monthly fee for using a service.
A fee charged for late payments.
Tags
CCSS.RI.9-10.4
CCSS.RI.9-10.4
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define the term 'Annual Percentage Rate (APR)'.
The interest rate for a whole year, rather than just a monthly fee/rate, as applied on a loan, mortgage loan, credit card, etc.
The monthly interest rate applied to a loan or credit card.
The total amount of interest paid over the life of a loan.
The percentage of a loan that is paid off each month.
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define the term 'Checks/Checkbook'.
A book containing blank checks issued by a bank.
A type of savings account.
A financial statement summary.
A credit card statement.
Tags
CCSS.RI.9-10.4
CCSS.RI.9-10.4
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define the term 'Credit'.
A loan given by a bank
A financial trust extended to a borrower
A type of debit transaction
A form of investment
Tags
CCSS.RI.9-10.4
CCSS.RI.9-10.4
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define the term 'Credit Card'.
A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.
A card issued by a bank allowing the holder to borrow funds with which to pay for goods and services.
A card that allows the holder to deposit money into their bank account.
A card used to withdraw cash from an ATM.
Tags
CCSS.RI.9-10.4
CCSS.RI.9-10.4
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define the term 'Credit Rating'.
A measure of a person's creditworthiness
A type of bank account
A financial statement
A loan application
Tags
CCSS.RI.9-10.4
CCSS.RI.9-10.4
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
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