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Personal Finances

Authored by Christy Simon

Other

10th - 12th Grade

Used 79+ times

Personal Finances
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A car note is considered a

minimum balance

credit score

fixed expense

variable expense

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An arrangement to receive cash, goods, or services now and pay for them later is (a)

deductible

credit

checking account

unit price

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Credit cards can help ________ when paid off on time.

lower your debt

balance your checking account

act as a form of identication

build credit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of bank account typically offers the least interest?

savings

checking

retirement

certificate of deposit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of account is the best for everyday transactions?

credit card

checking

savings

money market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you purchase a home, there are additional fees and charges that the seller and/or buyer must pay. What are these called?

appraisal

property tax

collateral

closing costs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An assessment of how much your home with worth is called

an appraisal

closing cost

deductible

insurance

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