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Financial Literacy EQAO

  • Game Code: 4529102
  •  English    13     Public
    Financial Literacy EQAO Questions
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  • Question 1
    1%, 6 months
  •  20
  • Question 2
    A) 2 years
  •  15
  • Question 3
    B, C
  •  15
  • Question 4
    Depreciated 75%
  •  15
  • Question 5
    C
  •  15
  • Question 6
    D
  •  15
  • Question 7
    C, D
  •  15
  • Question 8
    C
  •  15
  • Question 9
    Income: Interest earned, Cash, Salary  Expenses: Gas, Mortgage payments, Cell phone service
  •  15
  • Question 10
    a) Increase b) Decrease c) Decrease
  •  15
  • Question 11
    Increase: Initial amount increased Decrease: Interest rate decreased, Interest compounded less frequently
  •  15
  • Question 12
    Appreciation: Value of a guitar, Increasing value of a piece of art Depreciation: Value of a cell phone
  •  15
  • Question 13
    B, C
  •  15
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