1. Powerpoint Jeopardy 10 20 30 40 50 Salary vs. Hourly ATM
All about Credit
Learning about Loans
Category 5 10 20 30 40 50

2. Net income is the income avaiable
A. The amount you can catch while fishing.
B. Before taxes
C. After taxes
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3. A salaried employee earns
A. The same amount each month, regardless of hours worked.
B. More money than everyone else.
C. An amount of money for each hour worked.
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4. Income is defined as the amount of money:
A. Someone desires to have.
B. Has to pay his or her bills.
C. Someone earns and have available to spend.

5. Savings accounts help a person:
A. Keep money safe
B. Keep money safe and earn interest
C. Manage money.

6. Ian saw his first paycheck and was
Surprised at the amount of money
That was removed.
These are called:
A. Inductions
B. Reductions
C. Deductions

7. Automatic Teller Machines allow:
A. You to close out your checking account.
B. You to withdraw money.
C. You to transfer money from one bank to another.

8. Debit cards allow a person to:
A. Earn interest on purchases
B. Pay for items when they have
no money in the bank.
C. Pay for items without writing a check.

9. A store sells a stereo for $450 but the
buyer ends up paying $525 over a year
for the store to finance it.
What’s the $75 called?
A. Net loan
B. Interest
C. Late fee

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11. When using the ATM Melody
Should always do what to stay safe?
A. Go at night.
Take her time so she
Avoids making mistakes.
Locks her doors and leaves the
area immediately when finished.

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13. A grace period on a credit card usually is
A. Number of payments that can be skipped.
Amount of time before a finance charge is
added to what is owed
Amount of time to pay off the total amount
owed.

14. Shopping for the best credit card means:
Looking for the one with the
longest grace period
Looking for the one with the lowest monthly
Payments
C. Looking for one with the lowest
annual percentage rate(APR)

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21. Paying a loan in monthly payments means:
A. Making a payment each time the item is used.
B. Paying the interest only.
C. Making regular payments towards the cost.

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