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Financial Literacy Quiz- Britt

Authored by Wayground Content

English

10th Grade

Used 3+ times

Financial Literacy Quiz- Britt
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an agreement that allows you to buy something and pay for it later?

Balance

Credit

Debt

Fee

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What adjective describes a situation where there is not enough money to pay what is owed?

Financial

Bankrupt

Credit

Interest

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the amount of money charged for a service?

Interest

Fee

Balance

Debt

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the extra money paid for borrowing money called?

Fee

Credit

Interest

Income

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for money that a person earns from a job or other source?

Debt

Income

Credit

Fee

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which word is a noun that refers to the remaining amount owed?

Balance

Income

Fee

Interest

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which word is a noun that refers to the money earned from a job?

Income

Debt

Fee

Interest

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