An agreement between a borrower and a lender, where the borrower agrees to repay money with interest over time.
Business Math

Quiz
•
Social Studies
•
6th Grade
•
Hard
John Robinson
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Loan
Interest
Income
Deposit
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
money earned
salary
income
purchase
spend
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A card that borrows money but it has to be paid back
Debit Card
Credit Card
Baseball Card
Pokemon Card
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the primary purpose of business math in social studies?
To calculate profits and losses
To understand economic systems
To analyze historical events
To study cultural differences
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which mathematical concept is most commonly used in analyzing market trends?
Algebra
Calculus
Statistics
Geometry
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
How does business math help in understanding supply and demand?
By calculating the cost of production
By analyzing consumer behavior
By predicting market equilibrium
By determining tax rates
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What role does business math play in financial literacy?
It helps in budgeting and saving
It teaches historical financial events
It focuses on cultural financial practices
It emphasizes ethical business practices
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