Savings and Interest
Authored by DOMENIC MAGLIOLI
Other
11th Grade
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37 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Class discussion tasks are denoted in what color?
Red
Blue
Green
Purple
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the rule of 72 associated with?
Calculating taxes.
Understanding savings.
Estimating the time for savings to double.
Budgeting techniques.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why should you save money?
To buy a big item
To pay for a bill
To have emergency funds
To build funds to invest
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What can happen to your money when you save it?
It can earn interest
It can disappear
It can be used by others without permission
It can only be used to pay bills
5.
OPEN ENDED QUESTION
3 mins • 1 pt
What is a savings account considered as?
Evaluate responses using AI:
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6.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
On what factors does interest depend?
(a)
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which question might you ask yourself when considering whether to save money or spend it?
What is today's weather?
Save or spend?
What did I eat for breakfast?
Is it a holiday today?
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