Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Wise Related Unit 12
Test Description: Wise related unit 12
Instructions: Answer all questions to get your test result.
1) The cost to use someone else's money for a period of time is
A
Interest rate
B
Net Income
C
Gross Income
D
Installment loan
2) When a person brings an item to a pawnshop to obtain cash, the transaction is considered
A
a collateralized loan
B
A savings plan
C
Installment loan
D
Interest rate
3) a loan repaid with interest in equal payments. Car payment
A
Installment loan
B
Interest rate
C
A savings plan
D
Net Income
4) The amount of an individual's take-home pay after taxes have been taken out
A
Gross Income
B
Net Income
C
A savings plan
D
Interest rate
5) the total amount of income from wages before any Taxes are taking out
A
A savings plan
B
Net Income
C
Gross Income
D
Interest rate
6) change from one period to another,examples Electricity and food expenditures
A
A savings plan
B
Gross Income
C
variable expenses
D
Interest rate
7) The true cost of credit that must be disclosed on a loan agreement
A
Installment loan
B
a collateralized loan
C
The annual percentage rate (APR)
D
Interest rate
8) Troy has $50 a month transferred electronically from his checking account to his savings account. This is an example of:
A
A savings plan
B
Installment loan
C
Gross Income
D
Net Income
9) is—a plan for spending money.An estimate (usually by category) of expected income and expenses for a given period of time.
A
Income
B
PYF
C
Budget
D
Surplus
10) You use one credit card to pay the balance on another credit card.
A
Discretionary Income
B
Deficit
C
opportunity cost
D
Signs of Financial Trouble
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?