
Credit Cards
Quiz by Joe Garreck
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Measure skills
from any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
With a free account, teachers can
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
22 questions
Show answers
- Q1Bob received a credit card statement that has a new balance of $650.45 and a minimum payment of $27.80. Bob makes only the minimum payment. He makes no other purchases. What will be the unpaid balance?$622.65300s
- Q2Leanne received a credit card statement that has a new balance of $1365.23 and a minimum payment of $57.20. The annual percent rate is 19.1% compounded daily and charged on the unpaid balance. Leanne makes only the minimum payment. She makes no other purchases. How much interest will Leanne be charged on the next statement in 31 days?$21.39300s
- Q3Shelia owes $650.36 on her MasterCard which has an APR of 19.97%, and has a grace period of 20 days. She is 88 days overdue. On her MasterCard interest is compounded daily. How much interest does she owe all together?$24.65300s
- Q4On a MasterCard (APR 19.97%), interest is compounded daily. What interest is owed on a balance of $1200 that is 60 days overdue with a grace period 0f 21 days?$25.87300s
- Q5A credit card statement that has a new balance of $750 and a minimum payment of $35.00. The annual percent rate is 19.97% compounded daily and charged on the unpaid balance. The grace period is 21 days. You have not paid the balance for 45 days in total. How much do you now owe the Credit Card company?$759.91300s
- Q6A credit card statement that has a new balance of $750 and a minimum payment of $35.00. The annual percent rate is 19.97% compounded daily and charged on the unpaid balance. The grace period is 21 days. You have not paid the balance for 45 days in total. How much INTEREST do you now owe the Credit Card company?$9.91300s
- Q7Susan received a credit card statement that has a new balance of $1250.00 and a minimum payment of $36.20. The annual percent rate is 19.95% compounded daily and charged on the unpaid balance. Susan makes only the minimum payment. She makes no other purchases. What is Susan's balance after the payment?$1213.80300s
- Q8Susan received a credit card statement that has a balance of $1213.80. The annual percent rate is 19.95% compounded daily and charged on the unpaid balance. Susan is 28 days past the grace period. How much does she owe the credit card company after the 28 days?$1232.51300s
- Q9If you calculate the amount owing as $1875.36 and you originaly owed $1805.00, how much of the amount owing is interest?$70.36300s
- Q10What is a credit on a credit card statement?It is the amount from a returned item.It is something you have bought.It is something you have purchased.It is a payment.30s
- Q11A Canadian Tire credit card is an example of a __________ card.SecuredLimited PurchaseChargeStandard30s
- Q12A revolving balance is?Part of the grace period.The balance after a payment.The comparison between purchases and payments.The new balance after you have made a minimum payment plus interest.30s
- Q13Rob is unemployed and would like a credit card. Which credit card would you recommend for him?LimitedSecuredStandardCharge30s
- Q14Which of the following is not an advantage of a credit cardEarn RewardsCan use in the case of an emergencyBuild CreditEasy to spend money on things you want30s
- Q15A plastic card used to make purchases now and pay for them later.interestAPRcredit cardcredit limit30s