10G U4 L4 Exit Ticket | Quizalize

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10G U4 L4 Exit Ticket | Quizalize

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10G U4 L4 Exit Ticket

Quiz by Super 7 Girls

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Q 1/3
Score 0
What is the principal of a loan?
30
The total amount of money borrowed
All of the above are correct
The amount of a loan that is left to be repaid
The amount of money that can be added to a loan
Q 2/3
Score 0
What is the finance charge on a loan?
30
The amount of interest paid
All of the above are correct
The amount of the loan left to be pay
The amount of loan already paid

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3 questions

Q.

What is the principal of a loan?

1

30 sec

Q.

What is the finance charge on a loan?

2

30 sec

Q.

True or False- APR stands for the annual percentage rate

3

30 sec

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