Financial Intelligence 101
Authored by Eric Lenghan
English
9th - 12th Grade
Used 2+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a a LEGAL AGREEMENT in which you borrow money
from a bank in order to buy a house?
Mortgage
Income
Interest
Loan
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you buy a house you need to put 20% of your own money.
What is that called?
Mortgage
Interest
Down payment
Insurance
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
A mortgage is made of 3 important things. What are they?
Interest rate
Loan
Duration
Income
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Banks make their money charging you...
Interests
Income
Expenses
Loan
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An amount of money that you spend in order to buy or do something.
Income
Interest
Expenses
Loan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In Spain, the income tax is called...
Mortage
IRPF
Municipal taxes
Deductions
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