What percentage of your credit limit should you ideally use?

Internship Insights Quiz

Quiz
•
Financial Education
•
12th Grade
•
Hard
CORI PESCI
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
50%
30%
70%
90%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the benefits of the Discover IT Card?
Annual fee
Cashback match
High foreign transaction fees
No credit score monitoring
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Is the Chase Freedom Unlimited card widely accepted?
Yes
No
Only in the US
Only in Europe
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the balance at age 55 for someone starting at age 35?
$295,688
$685,149
$317,875
$530,684
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the balance at age 35 for someone starting at age 25?
$69,125
$101,331
$224,681
$530,684
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the pros of a Roth IRA?
Immediate tax deduction
Tax-free withdrawals in retirement
No income limits
Required minimum distribution
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a con of a Roth IRA?
Tax-free withdrawals in retirement
No RMD
Income limits
Contributions can be withdrawn penalty free
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