Unit 5: Credit Vocabulary
9th Grade
•15 Qs
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Unit 5: Credit Vocabulary
Quiz
•
Mathematics
•
9th Grade
•
Hard
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Used 1+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The length of a loan: ____________________________
term
credit card
minimum payent
The total amount of a loan
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Plastic card where you spend the bank's money and pay back over time with interest: ____________________________
Credit Card
Debit Card
Gift Card
Loyalty Card
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The rate charged for borrowing money: ____________________________
The rate charged for borrowing money
Interest rate
Loan fee
Borrowing cost
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A portion of the total cost paid up front/at the beginning: ____________________________
Down payment
Installment
Interest
Penalty
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A detailed report of an individual's credit history: ____________________________
Credit card
Credit report
APR
Term
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A statistical number that shows a person’s credit worthiness: ____________________________
credit score
interest rate
loan amount
debt ratio
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Smallest amount you need to pay off the balance of your credit card each month: ____________________________
Minimum payment
Full balance
Interest amount
Late fee
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