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Financial Literacy NRMS Flashcards | StudBud
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Financial Literacy NRMS
Financial Literacy NRMS
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#math
Flashcards
15 cards
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Questions
15
Answers
1
Borrowing money now for college that you pay back later with interest is what type of program?
scholarship
grant
college savings plan
student loan
2
Which statement does NOT accurately describe reasons to maintain a positive credit history?
Helps you get lower interest rates on major purchases
Helps you get the credit you need in a financial emergency
Helps when you are trying to purchase a house
Helps you get you into a good college
3
If 30% of the class is male, what percent is female?
30%
100%
60%
70%
4
Which statement describes a benefit to a lender regarding your credit score/credit history?
To determine if you have attended college
To find out your weekly spending habits
Your credit score determines their risk in lending you money
5
Which statement about credit cards is true?
takes money directly out of your checking account
Allows you to use money from your savings account
Allows you to pay back money when you can
High interest rate if not paid off in full each month
6
Which of the following would NOT appear on your credit report?
Credit accounts including mortgages, bank and car loans
Borrowing money from your mom.
Employment records
Name, address, social security number, date of birth
7
Which of these is equivalent to 3%?
0.3
0.03
8
Mario has driven 65% of the way to his grandmother's house. What % does he have left to drive?
65%
45%
35%
9
In the following problem, what does
"of"
tell you to do? Find 3/4
of
18.
Pretend you lost your pencil
Multiply 18 times 3/4
Divide 18 by 3/4
10
Which could be used to find 32% of 89?
0.32 x 89
32 x 89
11
If 1/4 of the students did not finish their test, what percent did finish?
14%
25%
75%
12
Information on your credit report can be retained for up to _______ years.
14
7
2
13
Jo's house was foreclosed on in 2012.This information will be removed from his credit report in
2012
2015
2022
2019
14
Find 27% of 18.
Multiply 18 by 0.27
Divide 18 by 27
Multiply 18 by 27
Panic and cry
15
Which is equivalent to 3/5?
35%
60%
