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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
Oops!
Okay!
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
Oops!
Okay!
Retail means:
Paying interest
Borrowing money
Selling goods directly to customers
Buying stocks
Oops!
Okay!
Reliable means:
Expensive
Difficult
Optional
dependable
Oops!
Okay!
To pay off a loan means:
Borrow it
Repay it completely
Accumulate it
Transfer it
Oops!
Okay!
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
Oops!
Okay!
Suitable means:
Minimum
Very expensive
Appropriate or correct
A reward
Oops!
Okay!
To borrow means:
Give money to someone
Take money for temporary use
Accumulate debt
Pay off a loan
Oops!
Okay!
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
Oops!
Okay!
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
Oops!
Okay!
Balance in an account is:
Money you owe
Asset value
Interest paid
Money left in your account
Oops!
Okay!
To rack up something means:
Accumulate or increase
Pay it back
Borrow it
Lose it
Oops!
Okay!
An asset is:
A type of debt
Money you owe
Something valuable you own
A bank fee
Oops!
Okay!
What does expense mean?
Money you borrow
Money you earn
Money you spend
Money you save
Oops!
Okay!
Interest is:
A reward
Your balance
The main money you borrowed
Extra money you pay or earn
Oops!
Okay!
A reward is:
A gift
A bank fee
A debt
An asset
Oops!
Okay!
A fee is:
Money borrowed
Money you earn
Money you pay for a service
Interest
Oops!
Okay!
To transfer money means:
Borrow money
Move money from one account to another
Accumulate debt
Pay interest
Oops!
Okay!
Debt is:
Money you pay as a reward
Money you own to someone
Money you save
Money you earn
Oops!
Okay!
If something is booming, it is:
Very successful or growing fast
In debt
A transaction
Expensive
Oops!
Okay!
If you can afford something, you:
Can pay for it
Lend it to someone
Cannot pay for it
Borrowed it
Oops!
Okay!
Approval is:
A balance
A type of loan
An acceptance
A fee
Oops!
Okay!
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