Personal Finance

Personal Finance

10th Grade

15 Qs

quiz-placeholder

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Personal Finance

Personal Finance

Assessment

Quiz

Social Studies

10th Grade

Medium

Created by

Cassandra Pierce

Used 36+ times

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15 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Investment

An asset that generate money

Someone who takes risk

When you deposit money into a bank

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which best describes an investor’s primary goal?

to earn a profit

to lose a profit

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which is true about investments and risk?

Every investment carries some degree of risk.

NOT Every investment carries some degree of risk.

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which one of the following is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender?

Property

Money

Collateral

Deposits

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Interest is the additional charge you get for borrowing money

True

False

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the range for credit scores?

300-800

300-850

0-1000

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What's one way to boost my credit score?

Pay bills on time

Use credit wisely

Take out loans and pay them back with interest

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