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Social Studies

9th - 12th Grade

Used 29+ times

Personal Financial Literacy-Semester Exam
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is a typical overdraft fee?

$5
$15
$25
$35

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sarah is buying a new bedroom set for $1599. She made a down payment of $400 and financed the remainder. What amount did she finance?

$1199

$1999

$1301

$877

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You must have insurance on your vehicle?

true
false

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When getting a car loan you will want to get the highest or the lowest interest rate?

lowest
highest

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A(n) _________ is the amount of money you must pay each year before your insurance company starts paying

life

beneficiary

deductible

health

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Payment made by the insured to the insurer

premium

deductible

liability

coverage

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

The W-4 form lets...

the government know how much you paid in taxes last year

your employer know how much to withhold from your paycheck

the 3 major credit bureaus know how many dependents you have

you know how much you paid in taxes last year

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