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Money Matters: Debts, Loans & Credit Quiz

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  • In the long run means:
    Over a long period of time
    Immediately
    A marathon
    Once a month
  • If a business is in the red, it means:
    They have extra assets
    They are profitable
    They are losing money / in debt
    They are fishing
  • Retail means:
    Paying interest
    Borrowing money
    Selling goods directly to customers
    Buying stocks
  • Reliable means:
    Expensive
    Difficult
    Optional
    dependable
  • To pay off a loan means:
    Borrow it
    Repay it completely
    Accumulate it
    Transfer it
  • A mortgage is
    A monthly expense
    Money you give to a friend
    Extra money paid on a loan
    Money you borrow to buy a house
  • Suitable means:
    Minimum
    Very expensive
    Appropriate or correct
    A reward
  • To borrow means:
    Give money to someone
    Take money for temporary use
    Accumulate debt
    Pay off a loan
  • The minimum payment is:
    The extra money you pay for using credit
    The smallest amount you must pay
    The largest amount you can pay
    The bonus points you earn for making a payment
  • Day care is:
    A type of bank account for saving money
    A program that gives children educational credit points
    A short-term loan to pay for daily expenses
    A service where parents leave their children for supervision
  • Balance in an account is:
    Money you owe
    Asset value
    Interest paid
    Money left in your account
  • To rack up something means:
    Accumulate or increase
    Pay it back
    Borrow it
    Lose it
  • An asset is:
    A type of debt
    Money you owe
    Something valuable you own
    A bank fee
  • What does expense mean?
    Money you borrow
    Money you earn
    Money you spend
    Money you save
  • Interest is:
    A reward
    Your balance
    The main money you borrowed
    Extra money you pay or earn
  • A reward is:
    A gift
    A bank fee
    A debt
    An asset
  • A fee is:
    Money borrowed
    Money you earn
    Money you pay for a service
    Interest
  • To transfer money means:
    Borrow money
    Move money from one account to another
    Accumulate debt
    Pay interest
  • Debt is:
    Money you pay as a reward
    Money you own to someone
    Money you save
    Money you earn
  • If something is booming, it is:
    Very successful or growing fast
    In debt
    A transaction
    Expensive
  • If you can afford something, you:
    Can pay for it
    Lend it to someone
    Cannot pay for it
    Borrowed it
  • Approval is:
    A balance
    A type of loan
    An acceptance
    A fee