Financial Literacy Quiz- Britt

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

• Balance

• Credit

• Debt

• Fee

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

• Financial

• Bankrupt

• Credit

• Interest

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

• Interest

• Fee

• Balance

• Debt

What is the extra money paid for borrowing money called?

• Fee

• Credit

• Interest

• Income

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

• Debt

• Income

• Credit

• Fee

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

• Balance

• Income

• Fee

• Interest

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

• Income

• Debt

• Fee

• Interest

Which word is a noun that refers to money that is borrowed?

• Fee

• Debt

• Income

• Balance

Which word is a noun that refers to the amount charged for a service?

• Fee

• Balance

• Credit

• Debt

Which adjective relates to the management and use of money?

• Financial

• Bankrupt

• Interest

• Balance