EverFi Assessment

EverFi Assessment

Assessment

Assessment

Created by

Zack Hall

Other

KG - University

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46 questions

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1.

MULTIPLE CHOICE

3 mins • 1 pt

Interest is: 

2.

MULTIPLE CHOICE

3 mins • 1 pt

To earn as much interest as possible, you should open a savings account that earns ________ interest and has the _______ interest rate. 

3.

MULTIPLE CHOICE

1 min • 1 pt

Which of the following  is a type of savings vehicle? 

4.

MULTIPLE CHOICE

3 mins • 1 pt

Which of the following accounts would give you the LEAST access to your money? 

5.

MULTIPLE CHOICE

3 mins • 1 pt

The three parts of the Federal Reserve System are the Reserve Banks, the Federal Open Market Committee, and the: 

6.

MULTIPLE CHOICE

3 mins • 1 pt

Which type of account is typically the MOST liquid? 

7.

MULTIPLE CHOICE

3 mins • 1 pt

Savings accounts usually offer _______ interest rates than checking accounts.  It is _________ to access your money in a savings account than in a checking account. 

8.

MULTIPLE CHOICE

3 mins • 1 pt

Which of the following payment types require you to pay upfront? 

9.

MULTIPLE CHOICE

3 mins • 1 pt

Which of the following statements comparing debit cards to credit cards is TRUE? 

10.

MULTIPLE CHOICE

3 mins • 1 pt

Which payment method typically charges the highest interest rates? 

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