Adults stumped by finance test
%VIRTUAL-SkimlinksPromo%More than one third of adults are unable to answer basic questions about savings, the cost of a loan and tax, research has found.
Over 2,000 adults from all walks of life were tested by the Open University Business School (OUBS) on questions of a GCSE standard, which involved them making calculations to work out which savings accounts paid the most, how much income tax someone would be liable for, which currency exchange rates were the best and how expensive it would be to take out a loan.
