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2 pt 3 pt 4 pt 5pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2pt 3 pt 4pt 5 pt 1pt 2pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4pt 5 pt 1pt Math Credit CardsBudgetingShopping Hodge Podge Final
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.06 Converted to a percent, would be this.
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6%
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Figure Mary’s gross pay. Makes $10 an hour and worked 30 hours.
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$300 (10 x 30)
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Figure Tommy’s Net Pay. Gross Pay = $546.00 Taxes = $65.50
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$480.50 (546-65.50)
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Figure the unit cost 12 ounces for $2.99
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.25 per ounce
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Lisa has a part-time job at a shoe store. She worked 32 hours this week. Her pay rate is $8.25 an hour. Her taxes and other deductions are 13% of her pay. What is Lisa's net pay?
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$229.68 (32 x 8.25 = 264 264 x.13 = 34.32 264-34.32
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If you don’t pay your card off immediately, you will have to pay this.
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Interest
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The period of time when you don’t have to pay interest on your credit cards.
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Grace Period
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The biggest part of a FICO score comes from this.
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Payment History
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A FICO score of 350 would be which of the following: A Good Score An Average Score or A Poor Score
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True or False A credit card is tied directly to your checking account.
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False
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Groceries are an example of this type of expense
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Flexible or variable
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Which of the following is NOT an expense: Fixed Income Flexible Discretionary
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Income
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You should never budget more than this _________
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Net pay Will also accept Take Home pay or income
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You should save this much of your income
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10%
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All of your monthly expenses add up to $1,325 Your income is $1,275. Do you have a surplus or deficit? And, what is the amount of the surplus or deficit?
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Deficit $50
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The sales tax rate for Kentucky is this.
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6%
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Figure the final cost. Price is $25. Discount is 20%. Sales tax is 6%.
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$21.20
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If you go to Tennessee to shop and the sales tax is 9%, what will you pay in taxes on an item that cost $100 dollars.
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$9.00
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Which is the best deal? 14 oz. for $1.85 Or 10 oz. for $1.53
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14 oz. for $1.85
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13% off a pair of shoes with a price tag of $89. What is the purchase price of the shoes (before taxes)?
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$77.43
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Creating a schedule is an example of this type of technique
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Time Management
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When you first get hired you will need to complete this form that states your marital status and your number of dependents.
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W-4
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The form that you receive by the end of January from your employer that states all of your income and tax information
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W-2
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You should spend no more than this on rent/housing. Which is correct? 50%, 45%, or 30%
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30%
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Macy makes $48,000 a year. What is her monthly salary?
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$4000
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FINAL JEOPARDY Rules: You may wager/bet up to all of your points that you received in the game. TOPIC: NET PAY
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Carrie worked 32.5 hours and gets paid $8.57 an hour. Taxes/deductions are 12.5%. Figure Carrie’s net pay
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$243.71
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