Vocabulary
Taxes
Percentages
Interest
Automobile Insurance
100
The amount the bank lends to you.
What is loan?
100
How much you get paid for overtime.
What is 1.5?
100
When an item is on sale.
What is markdown?
100
Interest on your interest.
What is compound interest?
100
Covers damage to your car when you hit things.
What is collision coverage?
200
This is a table that shows the amount left after each payment.
What is an amortization table?
200
How much you make working 30 hours for $5 an hour.
What is $150?
200
70% of the number 50.
What is 35?
200
The formula for calculating simple interest
What is I=P*R*T?
200
The amount you pay for your car before the insurance coverage if you have a $500 deductible.
What is $500?
300
Insurance company that pays for medication.
What is pharmacy coverage?
300
This tax is collected from the IRS.
What is federal tax?
300
The cost of a $75.20 sweater that is discounted by 70%.
What is $22.56?
300
The simple interest if the principal is $6,500, rate is 6.75, and time in months is 10.
What $365.32?
300
An amount paid for an insurance policy.
What is premium?
400
Your bill at a restaurant is $25.80 and you want to leave a 20% tip.
What is 5.16?
400
This tax is to help retired people.
What is medicare?
400
The percentage reduced on a TV from $400 to $280.
What is 30%?
400
The principal if the simple interest is $750, rate is 10%, and time in years is 3.
What is $2,500?
400
A type of insurance that you get after DUI.
What is SR-22?
500
A doctor that accepts a charge as a part of an insurance policy.
What is a network provider?
500
This is the tax rate on a $300 purchase when $15 is paid in sales tax.
What is 5%?
500
The cost of a $43.50 ring discounted by 10% and then taxed by 5%.
What is $41.11?
500
The balance on $120 if it is invested with compound interest at a rate of 4.5% per year compounded monthly for 2 years.
What is $131.28?
500
This is the amount you have to pay to repair $5,000 to your car if you have 100/300/50 liability insurance.
What is $5,000?
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