Financial Literacy

Types of Accounts

100

What type of Bank Account is primarily used for everyday banking. (e.g. everyday purchases, debit)

Chequing

200

What type of bank acount has a higher interest rate to help build your balance. 

Savings

HST

100

What would the tax be on an T-Shirt that costs $24.99?

$3.24

200

How much tax (HST) would there be on a car that costs $49,000?

$6,370

Credit Card Debt

100

if Bob carried a balance of $8,700 on his credit card with a 19.99%. How much interest would he acrue over a 30 day period?

$135.60

200

Claire took out a line of credit with a 9% interest rate to renovate her home. She spent $18,000. How much will she owe in interest after 30 days?

$132.84

Ways to Save

100

The name of a part of a company that you can buy which will potentially help you earn money on the Stock Market.  

Stock(s)

200

What can you create to help you maintain the necessary funds on a monthly basis.

A Budget.

Medhurst Trivia

100

Mr. M's favourite hockey team

Montreal Canadiens 

200

The name of Mr. Medhurst's two kids?

Havana & Isla

300

Mr. Medhurst's favourite televison show?

X-Files

400

Mr. Medhurst's favourite food?

Oysters, Thai, Indian 

500

What is Mr. Medhurst's favourite time of day?

3:25pm.