Financial Literacy Quiz
Select the correct financial term from the options below!
1. A ________ is an amount of money saved or invested for future use.
2. A ________ is a financial account where you can save your money safely and earn interest.
3. ________ is money that you earn or receive from various sources such as salary, gifts, or investments.
4. The ________ is the cost of borrowing money, often expressed as an annual percentage rate (APR).
5. A ________ is a financial plan for spending and saving money based on income and expenses.
6. ________ is the total value of all your assets minus all your liabilities.
7. A ________ is a person or institution that lends money to others, usually with interest.
8. ________ is an unexpected event that may cause financial loss, like an accident or illness.
9. ________ refers to the process of buying and selling goods and services in exchange for money.
10. ________ refers to the process of investing money to earn profits over time.
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