What is the initial step the lender takes in the scenario?

Understanding Financial Decisions for Buying a Car

Interactive Video
•
Business, Life Skills, Other
•
5th - 8th Grade
•
Hard

Amelia Wright
FREE Resource
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
She consults a financial advisor.
She decides to buy a new Honda car.
She signs a contract.
She saves money.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the lender's savings?
To invest in stocks.
To go on a vacation.
To buy a new house.
To purchase a new Honda car.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much money does the lender plan to use for buying the new car?
One thousand dollars.
Five hundred dollars.
One thousandth dollars.
Two thousand dollars.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the final step the lender takes before acquiring the car?
She saves more money.
She signs the contract.
She buys insurance.
She consults a financial advisor.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential financial implication mentioned in the scenario?
Increased income.
Financial stability.
Potential slander.
Increased savings.
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