Financial Literacy Quiz

Financial Literacy Quiz

7th Grade

12 Qs

quiz-placeholder

Similar activities

Unusual Symbols of Texas

Unusual Symbols of Texas

4th - 12th Grade

10 Qs

Taglines

Taglines

4th - 7th Grade

10 Qs

Programs Meeting July 2016

Programs Meeting July 2016

KG - University

15 Qs

ANS 4.01 Cattle Breeds

ANS 4.01 Cattle Breeds

6th - 12th Grade

10 Qs

Credit and Debt Management

Credit and Debt Management

6th - 8th Grade

10 Qs

Testing Strategies

Testing Strategies

4th - 12th Grade

17 Qs

Costa Vocabulary

Costa Vocabulary

4th - 8th Grade

12 Qs

Cherrie589

Cherrie589

1st Grade - University

13 Qs

Financial Literacy Quiz

Financial Literacy Quiz

Assessment

Quiz

Specialty

7th Grade

Hard

Created by

Kacie Pesak

Used 3+ times

FREE Resource

AI

Enhance your content

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anna would like to purchase a new mountain bike that costs $600. She only has $300 in her checking account now. Which of the following statements is true?

She can use her debit card to pay for the bike and pay off the debit card over time.

She can save up the remainder of the balance and then pay with a credit card.

She can use her debit card to pay for the bike directly from her bank account.

She can use her credit card to buy the bike now and pay it off over a period of time.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Kane is comparing two different regional banks. Which of the following statements is true? • First Texas Bank charges a $7 monthly fee • Republic of Texas Bank charges 1% of the checking account balance

First Texas Bank will always be the best value.

Republic of Texas Bank will always be the best value.

If Kane typically has more than $700 in his checking account, then First Texas Bank is the best value.

If Kane typically has less than $700 in his checking account, then First Texas Bank is the best value.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A vocational school offers different tracks for different types of mechanics. Over a 20-year career, how much more will the aircraft mechanic make than the automotive mechanic?

$654,000

$436,000

$218,000

$545,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following situations does not describe the use of a credit card?

may earn rewards

can be used to build a positive credit history

allows for unlimited purchases

purchases may be subject to interest charges

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Xavier is interested in the technology field. He is considering the education required and the corresponding salary. How much more would Xavier earn if he gets his bachelor’s degree instead of his associate’s degree over a 15-year career?

$247,300

$219,900

$200,000

$195,002

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Two different banks are advertising their checking accounts. Which of the following is a better choice if the Jackson family averages about $2,200 in their checking account?

BANK OF TEXAS- $10.00 MONTHLY FEE IF YOUR ACCOUNT IS LESS THAN $3,000

MAIN STREET BANK- 1% OF YOUR MONTHLY BALANCE IF YOUR ACCOUNT IS LESS THAN $3,000

Bank of Texas

Main Street Bank

They are equally good choices

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The average salaries of three different positions are shown in the table below. Based on the information, how much more will the physician earn than the paralegal over a 15-year career?

Physician - $118,160

Accountant- $68,150

Paralegal - $49,500

$68,660

$432,400

$864,200

$1,029,900

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?