Financial Institutions

Financial Institutions

9th - 12th Grade

14 Qs

quiz-placeholder

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Financial Institutions

Financial Institutions

Assessment

Quiz

Life Skills

9th - 12th Grade

Hard

Created by

Byron Clark

Used 214+ times

FREE Resource

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The Garret family wants to take advantage of their state's

_______________ to pay for their child’s college tuition.

CD

529 plan

Roth IRA

traditional IRA

2.

MULTIPLE SELECT QUESTION

5 mins • 1 pt

Choose two answers.


Jeff wants to open a basic savings account. He should go to which two types of financial institutions to open the account.

a financial services company

a commercial bank

an insurance company

a trust company

a credit union

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which financial institution is owned by its members?

financial service company

savings and loan association

commercial bank

credit union

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which financial institution offers high-risk loans?

financial service company

savings and loan association

commercial bank

credit union

5.

MULTIPLE SELECT QUESTION

5 mins • 1 pt

Which financial institutions provides home mortgages?

financial service company

savings and loan association

commercial bank

credit union

6.

MULTIPLE SELECT QUESTION

5 mins • 1 pt

Which financial institutions offers checking accounts?

financial service company

savings and loan association

commercial bank

credit union

7.

MULTIPLE SELECT QUESTION

5 mins • 1 pt

Which two features does a basic savings account have?

allows money

transfers

offers a higher

interest rate

allows ATM

withdrawals

has a maturity date

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