When you get paid interest this is what you get paid when banks pay you interest 4 times a year
What is compounded quarterly?
100
What the automobile is currently worth?
What is Actual Cash Value?
100
The original price of a bicycle is $2,000.00 and the discount is 10% what is the selling price?
What is $1800?
100
Junie invests $8,000 in an account that pays 6.5% annual interest , compounded semi-annually. What is his balance, to the nearest cent, at the end of 5 years?
What is $11,015.15?
200
This is the amount of money you initially you place in the savings account
What is the Principal?
200
Pays medical expenses for injuries to somebody else
What is Body Injury Liability?
200
The original price of a kitten is $39.99. The discount is 38% and the tax is 6%. What is the selling price?
What is $27.19?
300
This is the amount of simple interest you earn if you place $2,546.00 in an account earning 15.00% for 2 years
What is $763.80?
300
A policy holder submits a bill to the insurance company to help you pay for covered expenses
What is a Claim?
300
The original price of a microscope is $250.00 and the tax is 3%. What is the selling price?
What is $257.50?
300
Jeremy deposits $8,000 in a certificate of deposit that pays 2.4% simple interest for 5 years. How much interest was he paid
What is $960?
400
$2000 is invested in an account that pays $5.5% interest compounded semi-annually for 5 years. This is the balance
400
When the other persons insurance doesn't pay for all of your medical expenses and damage to your property, your insurance will cover what the other company will not pay
What is Underinsured Motorist Coverage?
400
The cost of a sweater is $35.00. The markup is 55%. The discount is 55% and the tax is 2%. What is the selling price?
What is $35.70?
500
This is what you pay to get insurance so they'll cover you.
What is Deductible?
500
Shows that someone has liability insurance
What is SR-22?
500
The total cost of shoes is $59.95. The markup is 80%. The discount is 20% and the tax is 1%. What is the selling price?