Personal Finance Chapter 1 Lessons 1 & 2
Authored by Steven Wills
Computers
9th - 12th Grade
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8 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
All the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time
2.
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1 min • 1 pt
A person or organization that uses a product or service.
3.
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1 min • 1 pt
Money owed to another person or company.
4.
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1 min • 1 pt
An expression used to describe a person or household whose monthly income is devoted to expenses and has little to no savings
5.
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1 min • 1 pt
The granting of a loan and the creation of debt; any form of deferred payment.
6.
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1 min • 1 pt
The percentage of principal charged by the lender for use of its money.
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Person or entity that charges borrowers interest rates above an established legal rate.
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