Credit Credit Credit
Other
9th - 12th Grade
CCSS covered
Used 1K+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The cost of borrowing money is referred to as
Interest
Annual Percentage Rate
Credit
Credit Line
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The amount charged if your payment is received after the billing due date.
late payment fee
overdue fee
withdrawal fee
loser fee
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The maximum amount you are allowed to carry as a balance on the card
interest
ARP
credit limit
all of these
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
One of the 5 C's of credit that shows a person's willingness to pay is
capital
collateral
character
capacity
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This is a fee that some, but not all, credit card issuers charge to use their credit card.
APR
annual fee
monthly fee
non-sufficient funds fee
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The amount you must pay on a credit card, based on a percentage of the outstanding balance.
minimum fee
minimum payment
monthly statement
minimum monthly interest charge
Tags
CCSS.6.RP.A.3C
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Benefits of credit cards include:
safe and convenient, bonuses are offered
allows you to build a positive credit report
needed for reservations and online shopping
all of these
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Microsoft
or continue with
%20(1).png)
Apple
Others
Already have an account?
