
20-10 Rule Personal Finance

Flashcard
•
Other, Life Skills
•
9th - 12th Grade
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
If your annual net income is $45,000. What is the maximum amount you could safely borrow?
Back
$9,000
2.
FLASHCARD QUESTION
Front
If your annual net income is $45,000. What is the maximum MONTHLY PAYMENT you could afford to pay?
Back
$375
3.
FLASHCARD QUESTION
Front
If your annual net income is $29,000. What is the maximum MONTHLY PAYMENT you could afford to pay?
Back
$241.67
4.
FLASHCARD QUESTION
Front
If your annual net income is $29,000. What is the maximum amount you could safely borrow? Options: $5,000, $5,200, $5,800, $6,000
Back
$5,800
5.
FLASHCARD QUESTION
Front
If your annual net income is $10,200. What is the maximum amount you could safely borrow?
Back
$2,040
6.
FLASHCARD QUESTION
Front
If your annual net income is $10,200. What is the maximum MONTHLY PAYMENT you could afford to pay?
Back
$85
7.
FLASHCARD QUESTION
Front
If your annual net income is $23,500. What is the maximum amount you could safely borrow?
Back
$4,700
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