Financial Literacy Quiz

What is the term for money or something else that is borrowed and should be paid back?

• Income

• Debt

• Fee

• Credit

Which adjective relates to the management and use of money?

• Financial

• Bankrupt

• Interest

• Balance

What is the extra money paid for borrowing money called?

• Fee

• Credit

• Interest

• Income

Tags

CCSS.7.RP.A.3

What is an agreement that allows you to buy something and pay for it later?

• Balance

• Credit

• Debt

• Fee

What is the term for the remaining amount of money that is still owed?

• Balance

• Income

• Fee

• Interest

Tags

CCSS.7.RP.A.3

What is the term for money that a person earns from a job or other source?

• Debt

• Income

• Credit

• Fee

What is the term for the amount of money charged for a service?

• Interest

• Fee

• Balance

• Debt

Tags

CCSS.6.NS.B.3

What adjective describes a situation where there is not enough money to pay what is owed?

• Financial

• Bankrupt

• Credit

• Interest

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Which word is a noun that refers to money that is borrowed?

• Fee

• Debt

• Income

• Balance

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

Which word is a noun that refers to the extra money paid for borrowing?

• Interest

• Credit

• Fee

• Income

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4