FIN LIT FINAL (PM)
Authored by Aaron Antram
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44 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is an investment?
A stock
A credit card
A phone bill
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is true about a college degree?
It always guarantees a high-paying job
It has no value today
It can help you earn more money over your lifetime
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of college financial aid is best?
Private loans
Payday loans
Grants and scholarships
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A shorter loan usually means:
Lower monthly payments
Higher monthly payments
Higher total interest
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a payday loan?
A short-term, high-interest loan
A student loan
A loan with no interest
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What affects your credit score?
Your payment history
Your age
Your favorite store
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is saving different from investing?
Saving always earns more
Saving is not safe
Investing has more risk but can earn more
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