Chapter 3 Review: Saving Money

Chapter 3 Review: Saving Money

9th - 12th Grade

40 Qs

quiz-placeholder

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Chapter 3 Review: Saving Money

Chapter 3 Review: Saving Money

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

James Blahnik

Used 37+ times

FREE Resource

40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An investment's ________ is its percentage gain or loss over time.

Compound Growth

Rate of Return

Interest Rate

Compound Interest

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_________ is the average rate of growth for an investment over a period of time.

Time Value of Money

Large Purchase

Compound Growth

Rate of Return

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The price of goods and services increases over time due to ________.

Rate of Return

Interest Rate

Compound Interest

Inflation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The initial amount of money you deposit or invest is called the:

Emergency Fund

Accrued Interest

Principal

Time Value of Money

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You save for a(n) ________ when you don‘t have the cash to buy it now.

Principal

Time Value of Money

Large Purchase

Compound Growth

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ deals—such as 90-days-same-as-cash—are often used to get you to buy higher-priced items.

Rate of Return

Interest Rate

Compound Interest

Inflation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The _______ refers to the earning potential of money.

Time Value of Money

Large Purchase

Compound Growth

Rate of Return

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