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Personal Financial Literacy Flashcards | StudBud
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Personal Financial Literacy
Personal Financial Literacy
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Flashcards
13 cards
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Questions
13
Answers
1
Answer the question below.
B
C
D
A
2
You have a monthly interest rate charged for any unpaid balance. This is a debit card.
True
False
3
What statement is true below?
B
D
C
A
4
What is the difference between a grant and scholarship?
A scholarship must be paid back, a grant does not.
A scholarship is based on financial need, a grant is earned from a talent.
A grant must be paid back, a scholarship does not.
A grant is based on financial need, a scholarship is earned from a talent.
5
Answer the question below.
C
B
D
A
6
Answer the question below.
B
C
A
7
What is Billy's budget after these transactions?
36
290.54
29.054
364.54
8
You buy a new phone and pay for it at the end of the month when you receive the bill. This is a credit card.
True
False
9
It takes 7-10 years before negative information comes off your credit report.
True
False
10
I buy tickets for a movie using a card that takes money directly out of my checking account. It is a Credit card I used.
True
False
11
Your card is declined because you do not have enough money in your checking account. This is a debit card.
True
False
12
How much more money would Marketing Manager make then a Financial Analyst after 10 years?
$192,700
$1,927,000
$38,800
$388,000
13
Answer the question below
$219,000
$2,190
$14,660
$146,600
