Personal Finance Quiz 1(Review)

Personal Finance Quiz 1(Review)

9th - 12th Grade

13 Qs

quiz-placeholder

Similar activities

College Mathematics - Credit Card Basics

College Mathematics - Credit Card Basics

12th Grade

17 Qs

Credit Cards 1

Credit Cards 1

9th - 12th Grade

13 Qs

Credit Card Math 1

Credit Card Math 1

12th Grade

17 Qs

Credit Card Vocab

Credit Card Vocab

12th Grade

17 Qs

CM Unit 7 Vocab

CM Unit 7 Vocab

11th - 12th Grade

10 Qs

Credit Card Quiz

Credit Card Quiz

12th Grade

15 Qs

Unit 5: Credit Vocabulary

Unit 5: Credit Vocabulary

9th Grade

15 Qs

4.Credit Card Interest

4.Credit Card Interest

9th - 12th Grade

10 Qs

Personal Finance Quiz 1(Review)

Personal Finance Quiz 1(Review)

Assessment

Quiz

Mathematics

9th - 12th Grade

Medium

CCSS
7.RP.A.3, 7.NS.A.1B

Standards-aligned

Created by

Ron Jaegle

Used 9+ times

FREE Resource

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Mike and Aria went out to eat at Evviva in Lisle. The bill for the two of them was $28.56. The server did a good job and therefore Mike and Aria decide to leave a 15% tip. Approximately how much tip should they leave?

$10.00

$20.00

$15.00

$5.00

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is a credit card?

a small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.

A card that has a set balance that you can only use at one place.

A card with the money from your checking account.

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Annual Percentage Rate (APR) is the yearly percentage rate of the interest charged.

True

False

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What does APR stand for?
Annual purchase rate
Annual percentage rate
Approximate payment rotation
Authorization processing rate

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Emily charges $60 to her Mastercard with a 26% APR. How much will she owe (charges + interest) at the end of the first month if she does not pay off the entire balance?

$72.60

$61.30

$55.90

$156.00

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Daven put $800 into a savings account that pays 2% annual interest. How much will be in the account after 6 months?

$808

$816

$16

$8

7.

FILL IN THE BLANK QUESTION

5 mins • 1 pt

What is the APR for a credit card that charges 3% monthly interest?

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?