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4th Grade Financial Literacy Review Flashcards | StudBud
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4th Grade Financial Literacy Review
4th Grade Financial Literacy Review
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Flashcards
11 cards
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Questions
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Answers
1
3- Which is a variable expense?
A- rent
B- gas bill
C- car payment
D- Loan payment
2
2-What is true about budgeting allowance?
A
C
B
D
3
8- How much is the interest earned?
A- $11.50
C- $12.50
B- $14.00
D- $3.50
4
10- What is his PROFIT?
A- $58.65
D- $58.75
B- $85.65
C- $57.65
5
4- Which is NOT the purpose of a financial institution?
B
D
C
A
6
1
B-Loan
D-Opens savings account
A-Uses a savings account
C-Deposit
7
5- What is an advantage of using a bank for saving?
B- would not earn interest
A- earn interest
D- $ may get lost
C- use the money for something else
8
7- What is the propose of a financial institution?
B-keeping $ safe
C-pay off credit card
D-buy a car
A-loaning $
9
What can you do to prepare for the test tomorrow?
D- Watch TV
B- Look over packet notes
A- Nothing
C- Surf the internet
10
9- Which is a fixed expense?
C- Electric Bill
A- Lunches
B- Gas Bill
D- Rent
11
6- How much is the budget for FOOD?
B- $38
A- $42
D- $27
C- $28