Financial Vocabulary
Quiz
•
Mathematics
•
7th Grade
•
Practice Problem
•
Medium
+12
Standards-aligned
Haesun Yoo
Used 95+ times
FREE Resource
17 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A type of interest that earns interest on the principal amount and all interest earned.
simple interest
withdraw
loan
compound interest
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.B.4
CCSS.HSF.BF.A.1
CCSS.HSF.BF.A.2
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
CCSS.HSF.LE.A.3
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the difference between a person's assets and liabilities
deposit
interest
utilities
net worth
Tags
CCSS.HSA.CED.A.4
CCSS.HSA.SSE.A.1
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an expense that is the same every month
variable
fixed
interest
constant
Tags
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
money that is earned in exchange for providing goods or services.
interest
income
principal
assets
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
to put money into an account
withdraw
checking
deposit
interest
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a type of interest that only earns interest on the principal
simple interest
compound interest
savings interest
interest rate
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
items a person owns with monetary value
liabilities
adsets
checking account
principsl
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