Financial Literacy Exam Review Part 2

Which will have a higher interest rate?

Which type of retirement account often include price matching from your employer?

If a store offers you a plan to pay for an item over a period of 2 years with 18% interest this is a ___.

The chance that you will lose money on an investment is the ____.

What do you call the property used to back up or secure a loan

You are charged $50 per year to keep a credit card. This $50 charge is known as ___.

Hillary has a credit score of 732. Bernie has a score of 588. Who will pay a lower finance charge on a loan?

Which of these would not be found in a rental lease?

What type of insurance covers your own car in an accident that was your fault?

Which of the following is not one of the three C's of credit?

Money paid by a renter to the landlord to cover the costs of damages to the rented property is a ___.

The period of time where you can repay your credit card without paying interest is known as a ___.

Which of these are considered when applying for a car loan?

Your bank shows you an image of all checks that are cashed from your account. These are called ___

The FDIC insures bank deposits up to ___.

The money you earn on an investment is the ___.

What payment method offers electronic access to your checking account at stores and restaurants

Which of the following does not affect your car insurance premium?

A record of your past borrowing and repayments is your credit ___.

Your bank allows you to charge up to $500 on your credit card. This is your ___.