Study sets, textbooks, questions
Upgrade to remove ads
Test Review Mo Holley
Terms in this set (25)
What is another word for finance charge?
Credit is money that is ______ to you and you have to pay it back.
____ ____could be "used up" before you can repay the amount that is owed.
_____loans are better for large purchases
Generally installment loan interest rates are ____ than credit card interest rates.
_____salary is the amount of money you make BEFORE taxes are taken out.
______ ______stay the same from month to month.
Groceries, gas, clothing, etc. are ___ expenses.
Account numbers or what the check is for can be found on the____line.
The check number can be found in the _____ _____corner of the check.
If Ned gets paid a gross pay of $48,000 per year what is his gross monthly income?
If Bill drives a UPS truck for 40 hours per week and he makes $10 per hour, how much will he make per week?
Olivia gets paid $3 for every book she reads in a week. If she reads 15 books, how much will she make?
A realtor earns 3% commission on every house she sells. If her total sales for this month equals $100,000 what is her commission?
If your gross pay is $5,000 a month how much would you make per year?
____power is the ability to spend money on what you "want."
Bank is short for ____institution.
Commercial savings and loans associations and credit unions are all examples of ____
What is it called when you get paid interest on what you deposit into the bank PLUS on the interest that has been added to your account?
_____refers to the readiness with which an item can be converted into cash without losing at least some of its value.
A plan for spending and saving money based on a persons goals during a given period of time.
The entire amount of money a person owes to lenders.
Any money a person spends or gives away.
The use of savings to earn a financial return.
A sum of money given to an individual with the intent that it is to be repaid at some future date along with any agreed upon interest.
Sets with similar terms
Financial Literacy Test
MoHolley's unit 4 study guide
FinLit10 - All Sets Combined
Other sets by this creator
urinary system review
group 8 medical term
Group 7 medical terms