Financial Literacy

Front

What would not be found on a consumer's credit report? Options: Mortgage loan, Checking account balance, A student loan, How long the consumer has had the credit card.

Back

Checking account balance

Front

Sandra is planning to attend a state university and qualifies for financial aid. Which of the sets below can Sandra apply for solely based on her financial need?

Back

scholarship, grant, student loan

Front

Why does the car dealership want to check Mr. Irons' credit report when he plans to take out a loan to buy a car?

Back

To determine the likelihood of Mr. Irons paying back the loan on the car.

Front

Mr. Hernandez is searching for a new checking account. He compares the fees associated with two different banks in his town. Which of the following statements best supports the information? Options: Mr. Hernandez should choose Star Bank because it has no fees. Mr. Hernandez should choose First Bank because the fees are the same. Mr. Hernandez should choose Star Bank if he normally has $800 in his bank account. Mr. Hernandez should choose First Bank because the fee is just $10.

Back

Mr. Hernandez should choose Star Bank if he normally has $800 in his bank account.

Front

Joley is opening her first checking account as a teenager. She doesn’t have a job, so most of the income will be presents from birthdays and holidays. Bank A has an $8 monthly charge. Bank B charges 1% of the balance. Which account balance below will result in bank A being a better financial choice? Options: $750, $850, $650, $550

Back

$850

Front

Missing detail in credit and debit card features table.

Back

purchases are subject to a credit limit

Front

The average salaries of three different industries are shown below. Based on the information, how much more will someone in the technology industry make than someone in the financial industry over a period of 10 years?

Back

$191,180

Front

Over a 30 year career, how much more will the electrical engineer make than the electrician?

Back

$1,302,000

Front

Based on the transactions, what was the balance in Marty’s account after he paid the veterinarian on 4/12? Options: $780, $690, $340, $430

Back

$340

Front

Marty forgot to record his paycheck on 4/16. If the balance is $820.00, how much did he deposit for his paycheck?

Back

$480