A savings account pays you
Banking with Boss

Quiz
•
Business
•
9th - 12th Grade
•
Medium

Billy Williams
Used 9+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 10 pts
A fixed amount of money every month
Interest on your account balance
Every time you use your debit card
Interest on the amount you borrow
2.
MULTIPLE CHOICE QUESTION
30 sec • 15 pts
THE ACTION OR PROCESS OF USING MONEY TO MAKE PROFIT IS CALLED :
Saving
Investing
Retirement
Fraud
3.
MULTIPLE CHOICE QUESTION
30 sec • 15 pts
If you need to withdraw your money on short notice, your best saving option is:
A retirement account
A savings account
A certificate of deposit (“CD”)
A company stock portfolio
4.
MULTIPLE CHOICE QUESTION
30 sec • 10 pts
An assets is
Something that appreciates over time
Something that depreciates over time
Anything that you own that has value
All of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 15 pts
What happens when you check your credit
Your credit score goes up
Your credit score goes down
Nothing happens to your credit score
It depends
6.
MULTIPLE CHOICE QUESTION
30 sec • 20 pts
What three main factors are used to calculate your credit score?
Your income, debt, and monthly expenses
Your payment history, money owed, and credit history
Your income, income taxes, and monthly expenses
Your payment history, annual income, and total debt
7.
MULTIPLE CHOICE QUESTION
30 sec • 10 pts
Your personal debt is:
a. The PIN code for your debit card
b. What is in your savings account
c. What you owe in money, goods, or services
d. The same as your credit score
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