Key Financial Terms

Key Financial Terms

11th Grade

10 Qs

quiz-placeholder

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Key Financial Terms

Key Financial Terms

Assessment

Quiz

Other

11th Grade

Practice Problem

Hard

Created by

Angelika Dizon

Used 5+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A specific type of loan used to buy real estate where the property is collateral is:

Loan

Conversion Period

Mortgage

Accumulated Value

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The total worth of an investment after a certain time, including growth, is called:

Period Rate

Accumulated Value

Appreciation

Loan

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If an investment earns interest 4 times a year, this refers to:

Conversion Period

Frequency of Conversion

Period Rate

Time of Term

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest computed only on the principal amount is called:

Compound Interest

Simple Interest

Conversion Period

Frequency of Conversion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A car losing value over several years is an example of:

Appreciation

Depreciation

Period Rate

Mortgage

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The time between successive conversions of interest is called:

Rate

Conversion Period

Frequency of Conversion

Time of Term

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The rate of interest for one conversion period is called:

Period Rate

Rate

Time of Term

Simple Interest

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