Thinking in Percentages
A number or ratio expressed as a fraction of 100
Percentage
I have two dollar bills and two quarters. How much money do I have?
$2.50
What is the abbreviation for automated teller machine?
ATM
_____ are mandatory fees that both individuals and companies have to pay to the government.
Taxes
A small plastic card issued by a bank or business that allows the holder to purchase goods or services on credit.
Credit Card
Someone who makes $100/hour is making what percent more than someone who makes $50/hour?
100%
I have one 5 dollar bill, 3 quarters and 2 pennies. How much money do I have?
$5.77
This card can be used to transfer money from a person's bank account to a retailer or store.
Debit Card
When you check out at a store, you are charged an additional % of tax on top of the purchase price. This is called a ___ tax.
Sales tax
A written, signed, and dated paper document that you can use to transfer money from your bank account to someone else's.
A check
Which is the greater percentage (which is more)? 0.0001% or 0.1%?
0.1%
I have one ten dollar bill, 1 quarter, 1 dime, and 1 nickel. How much money do I have?
$10.40
Which card has your own money, a debit card or a credit card?
Debit Card
This type of tax is deducted from the money you make from your job.
Income Tax
Money that is received on a regular basis, especially from a job but can also be from investments or other sources.
Income
What is 10% of 82?
8.2
I have one 5 dollar bill, 3 1 dollar bills, and 3 dimes. How much money do I have?
$8.30
The name of your daily banking account - the one you use for every day bills and payments.
Checking
Individuals and corporations all pay taxes. Who receives the tax money?
The government.
The name of a loan that is used to purchase a house.
Mortgage
The price of a box of cereal increases from $10 to $15. What percent increase is this?
50%
I have one ten dollar bill, one five dollar bill, a quarter and 2 dimes. How much money do I have?
$15.45
With a debit card, money is deducted from your bank account. With a credit card, you are ____.
borrowing money from the bank
Most taxes (except for sales tax) are paid ___ (daily, monthly, quarterly, or annually?)
In budgeting, ____ = Income - Expenses
Savings (or net/net income)