Discounts
Tax
Banking World Vocab
Interest
Challenge
100
When working with DISCOUNTS do you add or subtract to determine final total?

Subtract

100

When working with TAX do you add or subtract to determine final total?

ADD

100

What is a down payment?

Money you put down up front for a large purchase. 

100

When working with interest do you add or subtract to find total?

ADD

100

What is one way, even as a teen you can do to make money in the banking world?

What is a savings account

200

Call of Duty costs $49.00 but is on sale for 20% off. How much is the discount?

What is $9.80

200

What would the tax be on an Under Armour shirt that costs $38.00 with 8% tax?

What is $3.04

200

Which account pays you a higher interest rate to hold your money in the bank -

Checking Account or Savings Account

What is Savings account?

200

You buy a car for $7,000. There is a 15% interest rate on the car. How much interest will you pay for the car?

What is $1,050

200

DAILY DOUBLE

Would you rather pay $20.00 for a shirt that is full price, or $30.00 for a shirt that is 20% off?

What is $20.00

300

DAILY DOUBLE

A pair of Jordans cost $99.00 and are on sale for 15% off. What is the new total?

What is $84.15

300

What is the tax on an Xbox game that costs $45.00 with a tax of 6.21%?

What is $2.79

300

DAILY DOUBLE

Credit you ____ to your total balance, Debit you ______ from your total balance. 


Hint It's one of your four math operations!!!

what is ADD, SUBTRACT

300

You want to buy kitchen appliances for $3,500. There is an 8% interest rate. How much total will you pay for the appliances after interest?

What is $3,780

300

You have a starting balance of $294.02. You write a check for $92.00 for utilities. You take $20 out of the ATM to give to your mom. You also deposit $45.00 in your account. How much do you have now?

What is $227.02

400

A PS4 costs $400.00, but Zack has a coupon for 10% off. How much money will he save?

What is $40.00

400

DAILY DOUBLE

Coach goes on a date and spends $79.50. How much is his final total if the tax rate is 5.97%?

What is $84.75

400

What is an overdraft fee?

Additional money taken from your bank when you spend more money than you have in your account

400

Your deposit $500 into a 1 year savings account. Your annual percentage rate is 6%. What is the amount of interest you will earn in one year?

What is $30.00

400

A new Xbox costs $450.00. Best Buy has a coupon for "Save $50.00", and Target has a coupon for "10% off". Where should you buy the Xbox?

What is Best Buy.

500

Coach buys a new iphone x that costs $685.00 originally, but he has a coupon for $20% off. How much will he PAY or the phone?

What is $548.00

500

Brandon buys Call of Duty WWII for $50.00 and Call of Duty Black Ops for $38.00. He pays 9% in tax. How much will he PAY in tax?

What is $7.92

500

What is the difference between wage and salary?

Wage is hourly pay, salary is an annual pay not always related to the number of hours you work.

500

You buy a PS4 for $500 with 5% interest. If you pay 25 a month, how many months will it take you to pay off?

What is 21 months


500

You have a beginning balance of $3,500. You deposit $950 in cash and $654 in checks. You also write a check to pay a bill for $852.33 and you use your debit card at the gas station for $66.58. What is your ending balance?

What is $4185.09