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S24TH 2nd Half - Spring Final

Authored by Dean Kuckelman

Financial Education

12th Grade

Used 6+ times

S24TH 2nd Half - Spring Final
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64 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If your only debt is a credit card, and you are maxed out on that card, your debt-to-equity ratio is ____ % .

30
20
100

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A good debt-to-equity ratio is ____ % or less.

30
20
100

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Soft pulls will be on your credit report for ____ years.

2
7
10
None of these

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hard pulls will be on your credit report for ____ years.

2
7
10
None of these

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Late payments will be on your credit report for ____ years.

2
7
10
None of these

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bankruptcy will be on your credit report for ____ years.

2
7
10
None of these

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Generally, the riskier you look to lenders, the ____ your interest rate will be.

Higher
Lower

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