More Lessons Less Planning
What Is a Loan? Principal, Interest & Terms

Quiz (Answer Key)

Principal as the original amount borrowed and the $1,200 gap as interest are marked correct, confirming that a longer term lowers Marcus's payment while raising his total cost.

What Is a Loan? Principal, Interest & Terms cover
Download the Quiz (Answer Key)
Word (.docx)

Did this save you a prep period? You can chip in toward my three kids' daycare fund. Everything on this site stays free either way.

Quick start

  1. Download the file with the button above.
  2. Open it in Word, Google Docs, or whatever your school gives you.
  3. Print it or assign it. There is nothing to unzip and no account to make.
Fact-checked and print-tested before it went on the shelf. How we verify →

The rest of this toolkit

Back to What Is a Loan? Principal, Interest & Terms →

Tip jar