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WorksheetsMoney Matters Quiz
Total questions: 10
Worksheet time: 12mins
What does it mean to invest?
expend money with the expectation of earning a profit on that fund over time.
A savings plan operated by a state or educational institution designed to help set aside funds for future
college costs.
Debt taken on for items that a consumer does not need and cannot afford
Services offered by a bank for convenience, such as online banking, automatic transfer and check cancellation
A period of economic decline during which trade and industrial activity are reduced is called a what?
capital
bank
caveat emptor
recession
Which definition defines a scholarship?
Maximum legal limit on contributions to a specific account
An asset or amount of money provided as security for repayment of a loan.
– An award of financial aid for the purpose of education that does not need to be repaid.
An agreement by which a borrower receives something of value now and agrees to pay the lender at a later date.
This is an outline of your work experiences , education and qualifications?
repot
resume
recession
recall
This is a type of payment offered to students for education-related expenses that must be repaid.
draft
mortage
student loan
grant
What is the definition of a nonprofit organization?
A record of an individual’s past borrowing and payments
A financial goal that will take longer than a year to achieve.
A yearly fee associated with some financial accounts
An organization chartered for purposes other than making profits.
A professional who provides financial services and advice to individuals or businesses?
financial adviser
entrepreneur
banker
loan officer
What is the definition of an entrepreneur?
A plan for future spending and saving, weighing estimated income against estimated expenses
A professional who provides financial services and advice to individuals or businesses
Someone who owns or operates his or her own business
17% of you paycheck needs to go into your savings account. Your paycheck was $563.00, so how much did you contribute to your savings account.
9.71
95.71
467.29
1.7%
What percentage of money did you have left after you contributed 17% of your paycheck into your savings account?
38%
83%
88%
100%
