Which statement is best supported by the information in the table?

The fee at Y will always be more than Z if the balance is more than $500.

Mr. Lloyd wants to buy a new TV, but he doesn't have enough money in his bank account. What is NOT an option for him?

He can use his debit card to buy the TV now.

Look at the image below

The fees charged by bank Q will be $10 less than those charge by R.

Which statement best describes purchases made with a debit card?

Purchases are withdrawn from a bank account.

What statement about debit and credit cards is NOT true?

Interest is charged on debit card purchases.

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Financial Literacy Practice

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Questions 11

Answers

1
Which statement is best supported by the information in the table?
The fee at Y will always be less than the fee at Z.
The fee at Y will always be more than the fee at Z.
The fee at Y will always be more than Z if the balance is more than $500.
The fee at Y will always be more than Z if the balance is less than $500.
2
Mr. Lloyd wants to buy a new TV, but he doesn't have enough money in his bank account. What is NOT an option for him?
He can use his debit card to buy the TV now.
He can use his credit card to buy the television now.
He can save money and pay cash for the TV later.
He can save money and use his debit card to by the TV later.
3
What is the balance of Taquan's account on 3/26??
$1,511.56
$951.14
$550.41
$851.14
4
How much more does a person with an associate's earn than a person with only a high school diploma over 10 years?
$74,724
$747,240
$6,916
$69,160
5
How much more money would a person with a master's earn than a person with a bachelor's over a 35-year career?
$402,500
$11,500
$4,434,500
$126,770
6
What is Nina's account balance on 4/23?
$401.14
$339.45
$388.29
$429.70
7
What is the balance of Taquan's account after he made a utility payment on 3/24?
$801.14
$1,011.56
$500.41
$901.14
8
Look at the image below
The fees charged by bank Q will be $10 less than those charge by R.
The fees charged by bank Q will be $22 less than than those charged by R.
The fees charged by Bank Q will be$4 less than those charged by R.
The fees charged by Bank Q will be the same as those charged by R.
9
How much more money would a marketing manager earn than a financial analyst over 10 years?
$192,700
$1,927,000
$38,800
$388,000
10
Which statement best describes purchases made with a debit card?
Purchases are subject to a credit limit.
Purchases can be paid over time.
Purchases are subject to interest.
Purchases are withdrawn from a bank account.
11
What statement about debit and credit cards is NOT true?
A credit card has a credit limit
When a credit card is used, money is borrowed.
Interest is charged on debit card purchases.
When debit is used for purchases, money is withdrawn from a bank account.

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