Debt Terms

Debt Terms

12th Grade

14 Qs

quiz-placeholder

Similar activities

EL RENACIMIENTO MUSICAL

EL RENACIMIENTO MUSICAL

12th Grade

18 Qs

Estilos de Liderazgo

Estilos de Liderazgo

10th Grade - University

10 Qs

Videojuegos

Videojuegos

2nd Grade - Professional Development

11 Qs

Leaders of The World

Leaders of The World

KG - University

10 Qs

4.2.1-3 Conflicts Revision

4.2.1-3 Conflicts Revision

12th Grade

15 Qs

Sócrates

Sócrates

1st - 12th Grade

10 Qs

MIS CONOCIMIENTOS

MIS CONOCIMIENTOS

4th Grade - University

10 Qs

sanctions et procédures disciplinaires

sanctions et procédures disciplinaires

1st Grade - Professional Development

15 Qs

Debt Terms

Debt Terms

Assessment

Quiz

Other

12th Grade

Easy

Created by

Allison Levy

Used 13+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an annual fee?

A fee charged monthly for using a credit card

A yearly fee charged by the credit card company for the convenience of the credit card

A fee charged for late payments

A fee for exceeding the credit limit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does APR stand for?

Annual Payment Rate

Annual Percentage Rate

Annual Penalty Rate

Annual Premium Rate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is a consumer?

A person who sells products

A person or organization that uses a product or service

A person who manufactures goods

A person who invests in stocks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is credit?

The act of saving money

The granting of a loan and the creation of debt

The process of earning interest

The act of paying off a loan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a credit card?

A card that stores personal information

A type of card issued by a bank that allows users to finance a purchase

A card used for identification purposes

A card that tracks spending habits

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a credit report?

A summary of monthly expenses

A detailed report of an individual's credit history

A list of all bank accounts

A report on annual income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a credit score measure?

An individual's income level

An individual's credit risk

An individual's spending habits

An individual's savings rate

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?