Debit and Credit
What card uses the bank's money?
Credit Card
What do you do at an ATM?
Take cash out of your bank account
Annual Salary = $52,000/ Weekly= ?
$1,000.00
Steven worked 40 hours this week. His paycheck for the week was $500. What is his hourly pay?
$12.50
The existing amount of money in your bank account is called what?
Balance
What account does the money come from when you use a debit card?
Checkings Account
What is APR?
Annual Percentage Rate
Annual Salary = $100,000/ Weekly = ?
$1,923.08
Joe worked 28 hours this week. His paycheck for the week was $324. What is his hourly pay?
$11.57
John's annual salary is $238,425. How much did he make monthly?
$4,676.79
How often do you receive a credit card bill?
Monthly
The amount of money the bank allows you to loan is called what?
Credit limit
Annual Salary = $65,200/ Weekly = ?
$1,253.85
Larry worked 34 hours this week. He is paid $14.50 an hour. What did his weekly paycheck come out to be?
$493.00
Sam's annual salary is $92,500. He is paid on the 10th of every month. If today is April 9th, how much has he been paid so far?
$23,125
How can you avoid interest on your credit card purchases?
Pay off fully every month
What is a written order to the bank to take money from your account and give to somebody else called?
Annual Salary = 84,522/ Biweekly = ?
$3,250.85
LeBron makes $9.75 an hour. His paycheck came out to $370.50. How many hours did he work this week?
38 hours
What is all activity in an account called such as deposits, withdrawals, and transfers?
Transactions
How can you increase your credit score?
Pay bills on time, improve credit utilization, and monitor your credit
Where can you invest and buy stocks?
The Stock Market
Annual Salary = 126,932/ Biweekly = ?
$4,882.00
Vance worked 48 hours this week and makes double for overtime. He gets paid $10.00 an hour. How much will his paycheck be?
$560
If Zach makes $8.92 an hour and works for 58 hours this week with double overtime, how much will he make in total?
$677.92