Summary of information about you, including education, skills, and experience
What is a Resume?
100
Deduction from your check for a payment.
What are Garnishments?
100
Spending and savings plan that includes projected income and expenses.
What is a budget?
100
Borrowed money, with the agreement to pay for it later
What is Credit?
100
The money a person makes before anything is taken out
What is Gross Pay?
200
Form that summarizes information about you, including education, skills, and experience.
What is a Resume?
200
Person who owes money
Who is a debtor?
200
The process of matching your checkbook with the bank statement
What is Reconciliation?
200
Written statement of credit history
What is a credit report?
200
Given the regular rate of pay at $8.00 an hour, what is the overtime rate of pay?
What is $12
300
form that summarizes your income earned and taxes withheld for the year
What is a W-2?
300
Money taken out of a persons check for taxes, retirement, etc.
What are Deductions?
300
When prices rise rapidly
What is inflation?
300
Written order to a bank to pay the stated amount
What is a Check?
300
Investment with the highest liquidity
What is the Savings Account?
400
Document that is filled out to determine the amount of taxes withheld from your income?
What is a W-4?
400
Amount of money a person decides to save and deposit into a fincancial institution.
What is the Principal?
400
Bob made 250$ this week. His employer took out 37.48 for taxes. The $212.52 that was left.
What is net pay?
400
Chapter 7, 11, and 13.
What are the three types of bankruptcy?
400
A bank pays the "saver" money on top of the original desposited ammount plus money on the earned interest
What is Compound Interest?
500
You have $5,000 and want to double it in 6 years. What rate must your investment earn to achieve $10,000 in 6 years?
What is 12%
500
Three most important things loan officers look for
What are Cash flow, character, and collateral?
500
A unit of ownership in a corporation
What are Stocks?
500
On a seperate piece of paper write a description of the error and any other information that might be helpful and mail the letter as soon as possible within 30 days.
What is the correct procedure to correcting credit reports?