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Last Updated: Wednesday, 21 January, 2004, 13:58 GMT
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Factual finance quiz
How much do you really know about money and personal finance? Take the Hey Big Spender! quiz to see if your knowledge is a financial asset or liability.

Question 1
What is the current UK Bank of England base interest rate?
A: 3.5%
B: 3.75%
C: 17.5%
Question 2
What does APR stand for?
A: Annual Percentage Rate
B: Actual Percentage Rate
C: Actual Preferred Rate
Question 3
In the average UK household, which domestic appliance uses the most energy in a year?
A: Dishwasher
B: Washing machine
C: Fridge freezer
Question 4
What is the difference between a secured loan and an unsecured loan?
A: A secured loan means the borrower is guaranteed a certain interest rate
B: A secured loan means that if the borrower has difficulty paying the amount back, he can take a payment holiday
C: A secured loan is guaranteed on the value of the borrower's house or other asset
Question 5
The higher rate of income tax is 40%, but at what level of earnings do you have to start paying it if you are under 65?
A: £23,504
B: £35,515
C: £49,555

 Press the button and see how you have done

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