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Personal Finance Questions - All Grades

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Grade 11 Personal Finance
Penelope wanted to get a better idea of how much credit she should extend. What areas should she look at?
  1. Her sales goals
  2. Number of customers she needs to attract
  3. Rent, salaries and insurance expenses
  4. How much money she wants to make
Grade 8 Personal Finance
Flexible expenses stay about the same each month.
  1. True
  2. False
Grade 11 Personal Finance
All states have a state income tax.
  1. True
  2. False
Continuing Education Personal Finance
Which of the following can help pay for college?
  1. Loans
  2. Grants
  3. Scholarships
  4. All of the above.
Grade 11 Personal Finance
Interest paid on interest previously earned.
  1. Compound Interest
  2. Simple Interest
  3. Interest Rate
  4. Savings Rate
None Personal Finance
401k accounts are what type of accounts?
  1. Mortgage
  2. Bond
  3. Retirement
  4. Education
Grade 11 Personal Finance
Occurs when money is withdrawn from a bank account and the available balance goes below zero
  1. Negative Net Worth
  2. Overdraft
  3. Reconcile
  4. Zero-Based Checking
Grade 11 Personal Finance
Bodily injury or property damage you have to cover on another person.
  1. Claim
  2. Liability
  3. Deductible
  4. Premium
  5. All of the Above
Grade 9 Personal Finance
When making payments on a purchase, how often do most businesses or banks require a payment?
  1. every day
  2. every month
  3. every six months
Grade 8 Personal Finance
A 30-year mortgage at 12.5 percent for $75,000
  1. 1230.00
  2. 1158.75
  3. 800.25
  4. 900.00
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