Personal Finance
2 years ago
caitlinlisa1414
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12 QuestionsShow answers
  • Question 1
    30 seconds
    Q. A card that borrows money but it has to be paid back
    answer choices
    Debit Card 
    Credit Card 
    Baseball Card 
    Pokemon Card 
  • Question 2
    30 seconds
    Q. A card that uses money directly from your bank account
    answer choices
    Debit Card 
    Credit Card 
    Pokemon Card 
    Baseball Card 
  • Question 3
    30 seconds
    Q. An agreement between a borrower and a lender, where the borrower agrees to repay money with interest over time.
    answer choices
    Loan 
    Interest 
    Income 
    Deposit  
  • Question 4
    30 seconds
    Q. A mortgage is used for ...
    answer choices
    Buying a new machine
    Buying a new vehicle
    Buying land or premises
    Paying staff wages
  • Question 5
    30 seconds
    Q. money that you make from your job
    answer choices
    interest
    occupation
    wage
    income
  • Question 6
    30 seconds
    Q. hourly rate that you get paid
    answer choices
    wage
    income
    salary
    register
  • Question 7
    30 seconds
    Q. yearly amount that you get paid
    answer choices
    interest
    wage
    salary
    saving
  • Question 8
    30 seconds
    Q. pay at the end of the month
    answer choices
    credit card
    debit card
  • Question 9
    30 seconds
    Q. If you borrow money from a bank, you have to...
    answer choices
    pay the amount you borrow back
    pay interest back
    have a time limit to use it
    all options are correct.
  • Question 10
    30 seconds
    Q. What is the difference between needs and wants?
    answer choices
    needs=other things
    wants=survival
    needs=survival 
    wants=other things
  • Question 11
    30 seconds
    Q. Disposable income is income that people spend on things they don’t really need. 
    answer choices
    True
    False
  • Question 12
    30 seconds
    Q.

    Complete record of your borrowing and repayment performance.

    answer choices

    Personal info

    Personal history

    Credit history

    Credit info

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