NEW
Font size
WorksheetsCreating Personal Budget Quiz
Total questions: 15
Worksheet time: 8mins
What is the average monthly payment for a used car loan?
$530-750
$600-750
$380-520
$250-400
What is the minimum average monthly payment for a lease?
$530
$600
$380
$750
What is the maximum average monthly payment for a lease?
$750
$520
$600
$530
What is required of all drivers in Massachusetts?
To have a valid driver's license
To have car insurance
To own a car
To pass a driving test annually
What should drivers do to get the best car insurance rate?
Choose the first company they find
Research and compare quotes from different companies
Ask friends for recommendations
Visit only local insurance offices
Which of the following is NOT mentioned as a payment option for car insurance?
Pay all up front
Pay monthly
Pay weekly
Pay annually
Which apartment type has an average rent of $4,193/month?
Two Bedroom
Studio
One Bedroom
Three Bedroom
What factor affects the cost of electricity?
Number of devices
Hotter/colder months
Type of appliances
Number of residents
What is the cost range for gas per month?
$10-100
$20-160
$50-200
$100-250
What is the cost range for total utilities per month?
$100-200
$165-305
$200-400
$250-500
Which utility cost is dependent on the package chosen?
Electricity
Gas
Cable
Water
What is the average monthly cost for Internet/WIFI?
$20
$50
$80
$100
What is the term for the contract between a car owner and another party that allows the latter to use the car for a specific time period?
Lease
Loan Fee
Lessee
Lessor
What could be a good option available to you if you are behind on loan payments?
A financial institution may offer for you to pay a little now and pay the rest after your next pay day.
You can ignore your payments until the financial institution asks about them.
You can take out a payday loan.
Ask your financial institution to get out of the loan contract.
