Personal Finance Final Exam Review
Authored by Leola Miller
Financial Education
9th - 12th Grade
Used 9+ times
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34 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sylvester is taking out a loan and is confused by the jargon. Which of the following explanations might help him?
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which should you use when creating a budget - your NET PAY or GROSS PAY?
3.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Juan saved $1,000 from his summer job cleaning pools. Which of these account types would work best for him if he doesn't need access to the money for a number of years AND wants to earn the highest interest rate?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Joelle wants to have an emergency fund to cover 6 months of her expenses. Her monthly gross pay is $4,000 and her monthly expenses are $2,000. If she plans to save 10% of her gross pay each month, how long will it take her to build her emergency fund?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All of the following are benefits of taking out a loan with a cosigner EXCEPT…
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following statements about credit scores does this bar graph support?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All of the following are true about prepaid cards EXCEPT…
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