WorksheetsPersonal Finance
Total questions: 20
Worksheet time: 11mins
What is a thing that is borrowed, especially a sum of money that is expected to be paid back with interest?
(a)
Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt
Interest
Loan
Mortgage
Credit
What is a legal agreement by which a bank or other creditor lends money at interest in exchange for taking title of the debtor's property?
Finance
Mortgage
Interest
Debt
What is a sum of money that a buyer pays
in the early stages of purchasing an expensive good or service
Early payment
Full payment
Down payment
Half payment
What is an interest-bearing deposit account
held at a bank or other financial institution?
Savings account
Checking account
Debit account
Credit account
What is a 401K?
a retirement savings plan offered by many American employers
a loan plan offered by many American employers
an interest bearing account offered to many American employers
a money market plan offered by many American employers
What is a deposit account held at a financial institution
that allows withdrawals and deposits.
Debit account
Checkings account
Savings account
A loan
What kind of card deducts money directly from a consumer's
checking account when it is used
Debit Card
Credit Card
Which type of card is issued by a bank, business, etc., allowing the
holder to purchase goods or services on credit.
Debit Card
Spending Card
Credit card
Rewards card
APR
Account performance rate
Active percentage rate
Account payable rate
Annual percentage rate
What is something, typically money, that is owed or due
Credit
Assets
Debt
Liabilities
What is is a levy on property that
the owner is required to pay
Property tax
Business tax
State tax
Federal tax
What is the arrangement by which a company provides a guarantee of compensation for specified loss in return for payment of a premium?
Assurance
Insurance
Essential
Loan
What is net worth?
the total wealth of an individual, company after liabilities
the value of the individual or company
Assets minus liabilities
the value of the money made from a job.
What is the action or process of investing money for profit?
Insurance
Interest
Investment
What is a tax that you pay to the government of the country?
Sales tax
State tax
Federal tax
Liability tax
What is state tax?
Tax paid to the governor of the state
Tax paid to the governor of the state
Tax paid to the governor of the state
Tax that you pay to the government of a state
What is FICA?
Money given to social security and medicare
Federal Income Commission Act
Money given to the poor
Federal Insurance Claims Act
What is money received, especially on a regular basis,
for work or through investments
Investment
Income
Loan
Debit
What is an estimate of income and
expenditure for a set period of time.
Mortgage
Debt
FICA
Budget
