Reading a credit card statement
The minimum payment on a credit card is usually what?
2 percent
Ed Callahan is an executive at the local bank. His annual salary is $75,530. If Ed receives a paycheck every two weeks, what is his biweekly salary?
$2,905.00
If Tommy makes $12,938 a year how much does he make a week?
$248.81
What is a premium?
The amount you pay to buy an insurance policy
Should you look at the whole car report before buying or just the title?
The Whole report.
What does a minimum warning payment tell you?
How long it will take to pay off what you owe
Brittany Monroe is a legal secretary. Her biweekly salary is $1,650.00. What is her annual salary?
$42,900
If Brendan makes $14,482 a year how much does he make a week?
$268.50
Who typically pays for health care expenses once you have met your deductible?
You and your insurance company share the cost of health care expenses
How would you budget for a purchase like a car?
Save up
Put together my needs and wants
Estimate all the payments
The longer you don't pay your credit card bill what will build up?
Intrest
Henry Scott is a defense attorney. He is paid a salary of $87,944.00 per year. Henry is paid on the 15th of every month. If today is June 20, how much money has Henry earned so far this year?
$43,972
If Teressa makes $29,777 a year how much does he make a week?
$572.63
What is a Health Savings account (HSA)?
Tax-advantaged medical savings account available to taxpayers who are enrolled in a HDHP
Cars often depreciate in value once they are driven off the lot. How does this depreciation impact the financial decision to buy a new car versus a used car?
New cars will be more just because they don't have the miles on them.
When is the best time to pay off your credit card balance?
RIGHT AWAY!!!
Gayle Miller works 43 hours every week. Her weekly salary is $397.75. How much does Gayle earn per hour?
$9.25
If Zach makes $10,868 a year how much does he make a week?
$209.00
What is a high deductible health plan (HDHP)?
Plan with lower premiums and higher deductibles.
Is it cheaper to buy or rent?
It depends on the situation you are in?
YES/NO
T/F Credits are any refunds credited back to your account
True
The local machine shop hired John Dalton as a press operator. His annual salary is $34,268.00. If John is paid weekly, what is the amount of his weekly salary?
$659.00
If Maris makes $25,655 a year how much does she made a week?
$493.37
What happens when you have reached your healthcare deductible and out-of-pocket maximum?
The insurance company pays all covered costs for the rest of the year, with no annual limit
What is the most common first question people ask when buying a new car?
How many miles?