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Personal Financial Literacy Flashcards | StudBud
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Personal Financial Literacy
Personal Financial Literacy
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Six question pretest on 3 digit by 2 digit multiplication. 5th grade
Flashcards
6 cards
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Practice quiz
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Questions
6
Answers
1
If Kelly earns $450 a week and pays $68.76 in payroll taxes what is her net income?
$395.87
$381.24
$450
$518.76
2
Which of the following is the amount a person earns after taxes and deductions
net income
gross pay
income tax
payroll tax
3
If Brian's net income is $ 850.76, he pays $132.67 i payroll taxes what is his total earnings?
$718.09
$850.76
$982.67
$983.43
4
If you add pay roll taxes and net income what does the total represent?
federal income tax
sales tax
gross pay
take home pay
5
A tax paid on most goods and services.
payroll
property
income
sales
6
Max's house is worth $134,500. What kind of tax does he expect to pay his city?
gross tax
sales tax
property tax
income tax
