FIN LIT FINAL (PM)

FIN LIT FINAL (PM)

44 Qs

quiz-placeholder

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FIN LIT FINAL (PM)

FIN LIT FINAL (PM)

Assessment

Quiz

others

Easy

Created by

Aaron Antram

Used 1+ times

FREE Resource

44 questions

Show all answers

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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