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Quiz
•
Mathematics
•
10th Grade
•
Practice Problem
•
Medium
+13
Standards-aligned
Ashanti Smiley
Used 14+ times
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21 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who has permission to use and/or carry another person's credit card, but isn't legally responsible for paying the bill
Financial Adviser
Credit Counselor
Principal
Authorized User
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of time you have to repay your entire loan
Principal
Term
Interest
Serial
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A small loan, offered through a business, lent at a high interest rate, and meant to be paid as soon as you receive your next paycheck
Payday Loan
Private Loan
Personal Loan
Title Loan
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A plastic card that allows you to make purchases now with borrowed money, which then you must repay to the lender in one lump sum or in monthly payments with interest
Credit Card
Charge Card
Debit Card
Smart Card
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Someone who legally agrees to take responsibility for a person's debt if they cannot repay it
Payee
Cosigner
Codebtor
Principal
Tags
CCSS.L.11-12.6
CCSS.L.9-10.6
CCSS.W.11-12.2D
CCSS.W.8.2D
CCSS.W.9-10.2D
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Original amount of money borrowed, separate from interest or fees
Customer
Term
Principal
Broker
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A loan in which the interest rate can change, based on prime rate or index rate, over the course of the loan
Revolving Loan
Secured Loan
Variable-Rate Loan
Fixed-Rate Loan
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