Personal Finance Review

Incomes: $312.25, $211.17, $23.12  //  Expenses: $97.11, 186.93  //  What are savings?

Compound Interest: You've been loaned $1275 at 10%. What will you pay at the end of 5 years?

T or F: A debit card pulls money straight from your checking account?

__________ is the original amount that is borrowed or loaned.

_________ is another name for a fee that could be charged by a bank for several reasons.

Calculate 8.25% sales tax on a TV that is priced at $995.

A/an __________ is when you swipe your debit card for a purchase and don't have enough funds.

T or F: A credit card pulls money straight from your savings account?

You & a pal are splitting a gallon of blue bell ($4.56).What price will each person pay? 8.25%

A Johnny Football jersey costs $99.95 is on sale for 15% off. Tax is 8.25%. What do you pay?

Simple Interest: You've been loaned $1275 at 10%. What will you pay back at the end of 5 years?

This is the person that gives or loans money to a borrower.