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Mo'doh Island Scavenger Hunt
When Buying a car, the lowest monthly payment is always the best option.
True
False
What are the items you need to consider when buying a car?
How much the car costs
How much you can Afford to pay
How much you need to Borrow
All of the Above
If you went to college and earned a 4 year degree, how much more money could you expect to earn than if you only had a high school diploma?
a little more, about 20% more
a lot more, about 70% more
about 10 times as much
no more, I would make about the same either way
What factors affect the interest rate you will pay for a loan
Length of the loan term
Your Credit Score
Whether the car is new or used
All of the above
As a first time driver, you are more likely to pay more for insurance and pay a higher interest rate for a loan
True
False
What is a FICO Score?
The “Fuel Intake Correlation Outlet” for exhaust
The Finance Input Context Outcome
The “Fair Isaac” score or Commonly used term for a persons Credit Score
None of the above
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