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Unit 8 financial literacy Flashcards | StudBud
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Unit 8 financial literacy
Unit 8 financial literacy
9 terms
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Flashcards
9 cards
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Practice quiz
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Questions
9
Answers
1
The value of a car over time is an example of appretiation
True
False
2
Expenses are the money you make
True
False
3
Find the interest + the principal over 2 years
880
1440
840
800
4
In which scenario does Jenna have a surplus?
Jenna has -$100 after calculating her monthly budget
Jenna has $30 after calculating her money
Jenna has 0 dollars after calculating her budget
Jenna has -$50 after calculating her budget
5
A $23 item is on sale 15% and has a tax of 13% what is the final price
$19.55
$20.99
$25.55
$17.56
6
What is the formula for Simple interest
PxR
PxRxT
PxC
TxTxPxR
7
Compound interest is the interest that accumulates over time depending on the rate and principal
True
False
8
What is the final price of a 12 dollar item with a tax of 13%
$15.99
$10.44
$12.13
$13.56
9
Calculate the budget
400
-700
800
0