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2 pt

Math. Banking. Budgeting. Investing. Hodge Podge. 1pt. 1 pt. 1 pt. 1pt. 1 pt. 2 pt. 2 pt. 2pt. 2pt. 2 pt. 3 pt. 3 pt. 3 pt. 3 pt. 3 pt. 4 pt. 4 pt. 4pt. 4 pt. 4pt. 5pt. 5 pt. 5 pt. 5 pt. 5 pt. Final. .06 Converted to a percent, would be this. 6%.

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2 pt

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  1. Math Banking Budgeting Investing Hodge Podge 1pt 1 pt 1 pt 1pt 1 pt 2 pt 2 pt 2pt 2pt 2 pt 3 pt 3 pt 3 pt 3 pt 3 pt 4 pt 4 pt 4pt 4 pt 4pt 5pt 5 pt 5 pt 5 pt 5 pt Final

  2. .06 Converted to a percent, would be this.

  3. 6%

  4. Figure Mary’s gross pay. Makes $10 an hour and worked 30 hours.

  5. $300 (10 x 30)

  6. Figure Tommy’s Net Pay. Gross Pay = $546.00 Taxes = $65.50

  7. $480.50 (546-65.50)

  8. Add the following fractions: 1/4 + 1/12

  9. 1/3

  10. Lisa has a part-time job at a shoe store. She worked 32 hours this week. Her pay rate is $8.25 an hour. Her taxes and other deductions are 13% of her pay. What is Lisa's net pay?

  11. $229.68 (32 x 8.25 = 264 264 x .13 = 34.32 264-34.32

  12. Which usually earns more interest, a normal savings account or a certificate of deposit?

  13. Certificate of Deposit (CD)

  14. True or False A checking account always earns interest.

  15. False

  16. Checks that have not been received and/or cleared by the bank yet are known as these.

  17. Outstanding

  18. The process of making the bank statement’s balance match your checkbook balance is known as this

  19. Reconciling

  20. The book in which you keep records of checks, deposits, debit card transactions, and ATM withdrawals.

  21. Check Register

  22. Groceries are an example of this type of expense

  23. Flexible or variable

  24. Which of the following is NOT an expense: Fixed Income Flexible Discretionary

  25. Income

  26. You should never budget more than this _________

  27. Net pay Will also accept Take Home pay or income

  28. You should save this much of your income

  29. 10%

  30. All of your monthly expenses add up to $1,325 Your income is $1,275. Do you have a surplus or deficit? And, what is the amount of the surplus or deficit?

  31. Deficit $50

  32. The biggest difference between investing and saving is this word that begins with an “R”

  33. Risk

  34. This is a pool of stocks, bonds, and other securities managed by an investment company. Individuals can buy shares of the fund and profit from its investment gains. When you purchase this, you own a little bit of all kinds of different stocks, so your risk is lower.

  35. Mutual Fund

  36. When you own shares of stock, you are known as this.

  37. Shareholder

  38. Take a look at the Google Stock chart If the market were to close at the last point you see on the chart, would it close at a higher or lower number than it started with for the day?

  39. Higher

  40. WMT and ATT are examples of these symbols that you might find on the stock market

  41. Ticker

  42. Honesty and family are examples of these

  43. Values

  44. Food, shelter, and clothing are examples of these

  45. Needs

  46. Which is the best deal? 14 oz. for $1.85 Or 10 oz. for $1.53

  47. 14 oz. for $1.85

  48. You should spend no more than this on rent/housing. Which is correct? 50%, 45%, or 33%

  49. 33%

  50. Macy makes $48,000 a year. What is her monthly salary?

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