
Financial LIteracy
Authored by Lisa Sara
Mathematics
1st - 5th Grade
Used 1+ times

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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The starting amount for savings account is _____________.
High
Low
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The statement below is related to investment account except :
Money cannot be withdrawn from the account at any time
Starting amount is depends on the type of investment
Profit in the form of interest between 1% to 2% per annum
Profit in the form of dividends with rates usually more than 2% per annum
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The starting amount for investment account depends on the type of investment.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money can be withdrawn from the account at any time is the definition of ____________ account.
Saving
Investment
Credit
Debt
5.
MULTIPLE SELECT QUESTION
45 sec • 4 pts
Credit purchases characteristics include :
In debt
Interest is imposed
No interest
Pay more than the original price
Payment via credit card and monthly installment
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
____________ purchases advantages are :
1) Not in debt
2) No interest
3) Pay for the original price
4) Payment fully in cash or debit card
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A loan that a person has to pay to a bank or financial institution.
Credit
Investment
Savings
Debt
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