WorksheetsUnit 6: Electronic Banking Review
Total questions: 31
Worksheet time: 40mins
Question of the Day:
Road trip with the friend(s) or SO - where are you going?
Given the annual percentage rates (APRs) find the monthly interest rate: 18% APR (round to one decimals - answer as a percentage)
(a)
Given the annual percentage rates (APRs) find the monthly interest rate: 30% APR (round to one decimals - answer as a percentage)
(a)
Given the annual percentage rates (APRs) find the monthly interest rate: 25% APR (round to one decimals - answer as a percentage)
(a)
A?
(a)
B?
(a)
C?
(a)
D?
(a)
E?
(a)
A?
(a)
B & C?
(a)
D?
(a)
E?
(a)
Which card is: harder to open as your first card, credit limit is set by the company, has a bigger risk of over spending?
Secured Card
Unsecured Card
Which card is: easier to open as your first card, credit limit is equal to your refundable deposit, has less risk of over spending?
Secured Card
Unsecured Card
What is true for both a secured and unsecured card? [select all that apply]
your credit limit is equal to your refundable deposit
can be used for purchases in-person and online
helps build your credit
your credit limit is decided by the credit card company
has revolving credit
After additional purchases and payment what is the amount TIM is paying interest on?
(a)
A?
(a)
B?
(a)
After additional purchases and payment what is the amount UMA is paying interest on?
(a)
C?
(a)
D?
(a)
After additional purchases and payment what is the amount VALE is paying interest on?
(a)
E?
(a)
F?
(a)
After additional purchases and payment what is the amount WENDY is paying interest on?
(a)
G?
(a)
H?
(a)
How do you feel after this review about Unit 6: Electronic Banking
Great!
Good
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How do you feel about the pace of this course?
Great!
Good
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Could be better
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How do you feel about the course in general?
Great!
Good
Okay
Could be better
BAD
