Worksheet Questions (Page 2)

Quiz
•
Mathematics
•
12th Grade
•
Hard

Benjamin Kemp
FREE Resource
28 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not included in the list of decisions you will have to make once you have made the decision to borrow money?
Where will you borrow the money?
How much money will you borrow?
What day of the month will your payment be due?
How much can you afford to pay in monthly payments?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the best way to start building a good credit score?
start small
buy a car
buy a house
get a new job
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Find the daily rate if the annual interest rate is 12%.
0.0003287671
0.03287671
0.23076923
0.00328769
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How old must you be in Alabama to open a checking or savings account without someone to co-sign with you?
16
17
18
19
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a cost associated with credit cards?
high interest rates
special store discounts
interest free grace period
ability to buy needed items even if you do not have the money to do so
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is recommended that you keep all other loan payments excluding your mortgage payment below _____% of your monthly take home pay.
10
15
20
25
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a benefit associated with credit cards?
fees for late payments
fees for cash advances
poor decisions could lead to a low credit score
ability to buy needed items even if you do not have the money to do so
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