Financial literacy

Question 1 of 10

If GH¢1,000 is saved at 10% compound interest per year, it becomes after 2 years

Question 2 of 10

Interest earned on savings is

Question 3 of 10

Mobile money services in Ghana are regulated by the

Question 4 of 10

Which institution regulates banks in Ghana?

Question 5 of 10

A bank account mainly used for saving that earns interest is a

Question 6 of 10

A loan taken to buy something that loses value quickly is usually

Question 7 of 10

A general rise in the prices of goods and services over time is called

Question 8 of 10

Ama earns GH¢1,500 a month and spends GH¢1,200. What percentage does she save?

Question 9 of 10

Find the simple interest on GH¢2,000 saved for 3 years at 10% per year.

Question 10 of 10

A plan of expected income and spending over a period is a