Worksheet Questions (Page 2)

Worksheet Questions (Page 2)

12th Grade

28 Qs

quiz-placeholder

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Worksheet Questions (Page 2)

Worksheet Questions (Page 2)

Assessment

Quiz

Mathematics

12th Grade

Hard

Created by

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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