Final Part 2

Final Part 2

9th Grade

20 Qs

quiz-placeholder

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Final Part 2

Final Part 2

Assessment

Quiz

Specialty

9th Grade

Hard

Created by

Joshua Mayer

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of these are ways to build good credit EXCEPT

Open multiple credit cards and max them out

Put a telephone bill in your name

Paying your bills on time

Open a savings and or checking account and deposit money

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long does bankruptcy stay on your record?

7 years

10 years

15 years

20 years

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is NOT a 3 C of credit?

Character

Credentials

Capacity

Capital

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Credit bureaus decide if you will receive a loan or not.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The picture shows what in regards to a loan:

Principal and interest remains the same over time

Amount of principal paid increases over time

Amount of principal paid decreases over time

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of these are factors to consider when choosing a credit card EXCEPT:

Annual Percentage Rate (APR)

Design on the card

Annual Fee

Rewards

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is the riskiest type of investment?

Single Stock

Money Market Account

Mutual Fund

Bonds

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