Vocab
A bank account you use daily with a debit card, tap to pay, etc.
What is a checking account?
Percent rate is always calculate by percent rate divided by _________________.
What is 100?
Unit rate of 1 apple if 4 cost $4
What is $1?
Standard tipping rate
What is anywhere between 15-20%?
The type of math that deals with money; shopping, saving, budgeting, etc.
What is consumer math?
A bank account that is meant for putting away money long term and usually accrues interest
What is a savings account?
Massachusetts tax rate
Cost of a movie ticket if you go as a group of 5 and the total cost was $60
What is $12?
20% tip on a restaurant check total of $45
What is $9?
Person or company that sells a good.
What is a producer?
Cost of a item based on 1 standard measure (ie. 1 apple, 1 lb, 1 oz.)
What is unit price?
6.25% tax on an item costing $10
What is 63 cents?
Cost of a gallon of gas if you spend $60 on gas and have a 20 gallon tank.
What is $3?
18% tip when you buy a coffee for $6 and a donut for $3
What is $1.62?
Interest calculated using the formula I=prt
What is simple interest?
Calculated pay before withholdings and deductions
What is gross pay?
the total paid amount for a subtotal of $72.50 and tax rate of 8%
What is $136.25?
30% discount off a hoodie costing $58
What is 17.40?
A person who buys things
What is a consumer?
Calculated pay after withholdings and deductions
What is net pay?
What is 1114.56?
Cost of gas if drive 45 miles to an event and then back in a car averaging 18 mpg if gas costs 2.80 per gallon
What is $14?
Total cost of a pair of jeans that cost $60 at 25% off
What is $45?
What it is called when someone does something for you...they provide a _______________.
What is a service?