Personal Finance - Chapter 2

Personal Finance - Chapter 2

10th - 12th Grade

36 Qs

quiz-placeholder

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Chapter 2 Personal Finance

Chapter 2 Personal Finance

9th - 12th Grade

32 Qs

Personal Finance - Chapter 2

Personal Finance - Chapter 2

Assessment

Quiz

Life Skills

10th - 12th Grade

Easy

Created by

Donna Stubbe

Used 19+ times

FREE Resource

36 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account that generates interest income on the available balance in the account

Interest Bearing Account

Compound Interest

Simple Interest

Inflation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The five steps to financial success

The Five Compliments

The Five Foundations

The Five Freedom Steps

The Five Money Saving Steps

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A savings account that is set aside to be used only for emergency expenses

Safety Fund

Emergency Fund

Savings Fund

Expense Fund

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest paid on interest previously earned

Simple Interest

Frequent Interest

Interest Account

Compound Interest

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Saving money over time for a large purchase

Savings Account

Sinking Fund

Checking Account

Interest Bearing Account

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A rate which is either charged (on debt) or paid (on investment accounts) for the use of money

Interest Rate

Savings Rate

Inflation Rate

Interest Percentage

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The persistent increase in the cost of goods and services or the persistent decline in the purchasing power of money

Deflation

Interest

Inflation

Recession

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