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Financial Literacy (8th Grade) Flashcards | StudBud
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Financial Literacy (8th Grade)
Financial Literacy (8th Grade)
5 terms
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#DECA #8THGRADE #MONEY #SMART
Flashcards
5 cards
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Questions
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Answers
1
Would you rather....
Have your team lose
Start w/ a penny & double your money each day for 30 days
Never eat food again
Be given 1 million dollars right away
2
Jo spends $10 a month on lunch. He bought candy for $2 once. What's his fixed exp for the year?
$120
$60
$24
$144
3
Bob borrowed $1000 for 5 years at 10% interest rate? Calculate interest
$392
$500
$800
$568
4
Which is an example of a variable expense?
Monthly cell Phone Bill
Monthly mortgage payment
Textbook
Monthly car payment
5
Which is an example of a fixed expense?
Weekly Lunch
Gift for your teacher
Xbox Repair
Movie Ticket