Try Thinking
If you split a bill of $74 with a friend, how much will each pay?
$37
It is ______ best to itemize your deductions on your taxes. (always / not always)
Not always
A $2000 refundable credit would result in ______ of a decrease in your taxes than a $2000 deduction. (More/less/same amount)
More
On a home mortgage, as your principal decreases, the amount of your monthly payment that goes toward interest each month ______. Increases/Decreases
Decreases
What is diversification?
Spreading out investments for protection
If you give the cashier $10 for a $7.35 total, how much change will you get back?
$2.65
When you rent, you ______ build owner’s equity in a home. (do / do not)
do not
If you paid a total of 10% of your taxable income in taxes last year, you ______ expect to pay 10% of any additional income you make this year. (Should/should not)
Should not
You have 10% coinsurance on most services but a $40 PCP copay. What will you owe at your PCP assuming you have met your deductible?
$40
When comparing big purchases like a car or a home, what should you look at? Name 2
Insurance, maintenance, mpg, etc
Approximate a 20% tip on a $52.15 bill.
About $10.50
You make $2,000 a month. You want to give 10% and save 20%. How much does that leave you for spending?
$1400
How much would you make in a year if you are paid $4,323 bi-weekly?
$112,398
You have 20% coinsurance. What would you pay with the coinsurance on a $820 bill?
$164
Calculate the unit price of an item that is $8 for 50 oz.
$0.16 per oz
Add ¾ c. and ½ c.
1 1/4 c
If your monthly food budget is $170, about how much have you planned to spend each week? (Round to nearest dollar)
$39
It is/is not always best to itemize your deductions on your taxes.
is not
What is the owner’s equity in a home that you have a $300,000 loan on but is worth $430,000?
$130,000
If a school charges $11,000 for 13 or more credits, what is the cost per credit if you take 16 credits?
$687.50
If Currency A = $3, about how many dollars is something that costs 300 of Currency A?
$900
Calculate the amount to give in a monthly budget for groceries based on the last four months of spending: $225 $189 $326 $174
$228.50
A job’s base pay is $76,000. They also offer to match up to 5% of the salary in a 401k, offer insurance benefits of $110 each week, and give 10 days off a year (260 work days total). What is the total compensation? (Round to nearest dollar)
$88,443
If your disability insurance provides 60% of your normal salary, and your normal salary is $5,000 twice a month, what will your monthly disability amount be?
$6000
How many cubic yards would you need to fill a rectangular flowerbed that is 2 ft. by 8 ft. by 2 ft.?
0.59 cubic yards