Vocabulary
Calculations
Insurance
Financial Foundation
Taxes/Paycheck

100

What the automobile is currently worth
What is actual cash value

100

The cost of an MP3 player is $100, there is a 60% markup, what is the cost of the MP3 player now? What is$160

100

A tree falls on Sarah's parked car, what insurance covers this?
What is comprehensive insurance

100

Putting money away instead of spending it
What is savings

100

Total amount of money made in a year before taxes
What is gross income

200

How much an insurance company pays when a claim is filed
What is Benefit

200

The original price of a radio is $47,with a 10% discount, what is the current price of the radio? What is$42.30

200

Two cars crash into each other what insurance covers this?
What is collision insurance

200

A place to put your money so it's not always on you.
What is a checking or savings account in a bank

200

Total amount of money made in a year after taxes.
What is net pay

300

What you have to pay before the insurance company pays the cost of the accident
What is Deductible

300

A tie regularly costs $6.50, but there was a 60% markup, what is the new price? What is$10.40

300

A car is driving down the road when a deer runs in front of it, the car hits the deer and is completely totaled. What insurance covers this
What is Collision insurance

300

A bad investment if you are trying to save money and keep up with bills.
What is a credit card

300

regular amount of work hours a week
What is 40 hours

400

The cost of an insurance policy
What is a Premium

400

A dress originally cost $40, it was on sale for 15% off. How much does the dress cost now? What is$34

400

When passengers are insured inside of a vehicle
What is PIP insurance

400

Savings enough to cover three to six months worth of living expenses.
What is a financial cushion or an emergency fund

400

rate payed for work each hour after forty hours.
What is time and half

500

This insurance covers damage to your car when you hit something
What is Collision

500

Julie invests $5000 in a bank account with an annual interest of 5.5%, compounded semi-annually. What is the balance at the end of 5 years? What is$6,558.26

500

When a bill is submitted to an insurance company to pay covered expenses
What is a claim

500

the percentage of your paycheck you should put in savings.
What is 10%

500

Income tax return for single and joint filers with no dependents
What is a 1040