Financial Literacy Pretest MTTP

______ require membership in order to borrow money.

Auto insurance covers _______.

To insure your paycheck is electronically transfers into our bank account, you use _______.

Mastercard, Visa, and Amex are examples of _________.

______ is the percentage of cost of borrowing from someone else.

Taxes, insurance, and other miscellaneous items are________.

Rent and house payments are examples of___________.

You have $100 with a 1% annual interest rate, how much will be in your bank account next year?

What are some financial assets you may want to invest in?

When do bills usually come in?

_________ allows you to make purchases and pay for them later.

What helps pay costs in the event of a death, accident, or any negative unanticipated event?

What's the total money you make before taxes called?

What is the money you make when you work called?

Payments all citizens must pay to help the government services is called________.