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Finance Questions - All Grades

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Grade 11 Finance
After you write and sign your check, who can legally cash the check?
  1. You and the payee
  2. The bank or credit union and the payee
  3. Any family memeber of the payee
  4. Only the payee
Grade 12 Finance
After retreating to the lighthouse, what does John do that first attracts the reporters?
  1. He cries for his mother
  2. He whips himself
  3. He jumps from the lighthouse
None Finance
What is principal?
  1. total amount borrowed
  2. interest earned
  3. service fees
  4. finance charges
None Finance
Buying on the internet has opened new avenues for criminals to steal                        .
  1. bank statements
  2. credit card information
  3. social security checks
  4. billing information
None Finance
The                is expressed as a percentage.
  1. credit rate
  2. economy rate
  3. interest rate
  4. credit score
None Finance
Which is not a cause of bankruptcy?
  1. children
  2. failure to budget
  3. job loss
  4. emotional spending
None Finance
What is the simple interest formula?
  1. I=P+R*T
  2. I=P*R*T
  3. I=R*T/P
  4. I=T+P+R
None Finance
                 is the part of the purchase paid in cash upfront.
  1. collateral
  2. down payment
  3. earnest money
  4. good faith money
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