Financial Literacy Vocab
Flashcard
•
Mathematics
•
7th Grade
•
Practice Problem
•
Hard
+13
Standards-aligned
Wayground Content
FREE Resource
Student preview
10 questions
Show all answers
1.
FLASHCARD QUESTION
Front
A percent of an item's cost charged by governments to raise money.
Back
sales tax
Tags
CCSS.6.RP.A.3C
2.
FLASHCARD QUESTION
Front
A tax on individuals or entities that varies with their income or profits.
Back
income tax
Tags
CCSS.L.3.4D
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
3.
FLASHCARD QUESTION
Front
A unit rate for comparing prices.
Back
unit price
Tags
CCSS.6.RP.A.1
CCSS.6.RP.A.2
4.
FLASHCARD QUESTION
Front
Money earned by bank customers based on savings account principal.
Back
interest
Tags
CCSS.7.RP.A.3
5.
FLASHCARD QUESTION
Front
A fixed percent of the principal, calculated as I=Prt (P=principal, r=rate, t=time).
Back
simple interest
Tags
CCSS.7.RP.A.3
6.
FLASHCARD QUESTION
Front
Initial amount borrowed or saved.
Back
principal
Tags
CCSS.HSN.RN.A.2
7.
FLASHCARD QUESTION
Front
A deduction from the usual cost of something.
Back
Discount
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
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