Hourly Pay
Shopping/Selling
Buying a Home
Investment
Planning
100
The total amount earned for work (before any deductions are taken out.)
What is gross pay?
100
A deduction from the usual price.
What is discount
100
A loan that is used to buy a home and is paid back on a monthly basis.
What is mortgage
100
A quick method for calculating interest on money not compounded.
What is simple interest
100
An estimate of income and expenses for a period of time.
What is budget
200
your straight-time pay after working 40 hours at $8.40 per hour?
What is $336
200
A partial refund that is paid back to a consumer.
What is rebate
200
A sum of money paid up front for a large purchase(that's financed with a loan).
What is down payment
200
Saving money while working to use at a later time.
What is IRA- Individual Retirement Account
200
Financial protection that is purchased ahead of time for a possible eventually.
What is insurance
300
Amount paid to worker after deductions have been taken out.
What is net pay
300
An additional amount paid by the purchaser that is passed on to the state.
What is sales tax
300
A number assigned to a person representing his/her ability to pay back a loan.
What is credit score
300
A method where interest is continually added, so even the interest then earns interest from then on.
What is compound interest
300
A specified amount that the insured must pay before the insurance company begins paying.
What is deductible
400
When you work more than your regular hours
What is overtime pay
400
The amount that an organization pays to purchase in bulk with intent to re-sell.
What is wholesale price
400
Starting amount (amount to be borrowed for a loan, or original amount in an account).
What is principle
400
A professionally managed investment fund that trades in diverse holdings.
What is mutual fund
400
A monthly amount that is paid toward an insurance policy.
What is premium
500
Amount that is not included in the paycheck because it is being sent to the IRS.
What is taxes withheld
500
An amount added to the price to account for overhead costs and profit.
What is markup
500
An added charge for borrowing or credit for lending (usually a percentage of the amount).
What is interest
500
A fixed payment that is paid upon receipt of a service (usually medical).
What is copay
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