Buying vs. Renting

Buying vs. Renting

9th - 12th Grade

20 Qs

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Buying vs. Renting

Buying vs. Renting

Assessment

Quiz

Specialty

9th - 12th Grade

Practice Problem

Medium

CCSS
7.RP.A.3

Standards-aligned

Used 126+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a basic need? 

Pool
Roof
Bathroom
Kitchen

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Personal qualities that people possess, including creativity, knowledge, skills, time, and experience. 

Human Resources
Renter's Insurance
Closing Cost
Material Resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A policy that covers a renters personal property against loss by theft, fire, or other hazards. 

Security Deposit
Equity 
Renter's Insurance
Principal

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fee that covers the cost of any future damage the renter might cause to the unit. 

Material Resources
Renter's Insurance
Security Deposit
Interest

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tangible assets, such as money, property, supplies, and tools. 

Material Resources
Human Resources
Equity
Principal

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The original amount of a loan

Equity
Interest
Principal
Security Deposit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The fee the lending institution charges the buyer to borrow the money. 

Principal
Earnest Money
Closing Costs
Interest

Tags

CCSS.7.RP.A.3

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