Unit 3 MC Review & Practice (FA 2024)

Front

How many months of fixed expenses should you set aside for emergencies?

Back

3-6 months

Front

How much are you FDIC insured for on your accounts?

Back

$250,000

Front

What does "Pay yourself first" mean?

Back

save first then spend, put money in savings and then pay your bills, save as much as you can in savings before you spend anything

Front

What is a good savings strategy? Options: Budget for savings, None of the above, Save whatever is leftover after paying expenses, Save as much as you can even if you do not pay your bills.

Back

Budget for savings

Front

Steffen graphed two lines in order to find the solution to a given system of equations. What is the solution?

Back

(-3,-8)

Front

Parallel Lines never intersect because...

Back

they have the same slopes.

Front

What is the solution to the system? Options: (3, -1), (2, -6), No Solution , (6, -2)

Back

(6, -2)

Front

How many solutions does this system of equations have? Options: One Solution, No solution, Infinitely Many Solutions, Two Solutions

Back

Infinitely Many Solutions

Front

What is the solution? Options: No solution, (0, 2), (0, -4), (3, -3)

Back

No solution

Front

Solve the system by graphing:
y = 6x - 4
y = -x + 3

Back

(1, 2)