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Personal Financial Literacy 7.13A-F Flashcards | StudBud
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Personal Financial Literacy 7.13A-F
Which is the best deal if you HAVE to buy 3 pairs of shoes?
Which is better?
Personal Financial Literacy 7.13A-F
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Questions
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Answers
1
Which is better?
Simple Interest Account; $10.80 more
Compound Interest Account; $8,012.80 more
Simple Interest Account; $8,012.80 more
Compound Interest Account; $10.80 more
2
Which is the best deal if you HAVE to buy 3 pairs of shoes?
Head Gear
Hats, Caps & More
JW Mart
All stores come out to the same price
3
What was the total amount paid?
$6.80
$75.95
$5.95
$86.80
4
Which is the best deal if you HAVE to buy 3 pairs of shoes? DO YOU HAVE AN ANSWER?
YES
NO
5
Do you have an answer
No
Yes
6
What is the net worth?
$248,000
-$87,110
-$248,000
$87,110
7
How long until Suzy has $168 earned in interest
7
16
6
17
8
Elana made $1680. She has 14% deducted for Fed. Withholding Tax. What is her deduction?
$1551.48
$1316.28
$1428
$235.20
9
What are the current assets?
$211,500
$313,500
$221,700
-$109,500
10
What are the current liabilities?
$400,610
-$109,500
$50,610
$299,390
11
Which one BALANCES it the most?
Computer Information Systems
Food Prep Service
Registered Nurse
Sales Associate
12
Which item does Carlos spend 25% of his budget on?
Cell Phone
Savings and other
Rent
Food
13
Elana made $1680. She has 14% deducted for Fed. Withholding Tax. What is her NET Pay?
$1551.48
$1428
$235.20
$1316.28
