Consumer Math Pretest 5th hr.

Front

$950 x 6% is how much in total?

Back

$1,007

Front

The payee is....

Back

the person that receives the check

Front

Which institution is ran by its members?

Back

Credit Unions

Front

How many credit bureaus are there?

Back

3

Front

X values on a graph are....

Back

left and right horizontally

Front

What is the formula to calculate a percentage?

Back

Percentage = (Part/Whole) x 100

Front

What does APR stand for in finance?

Back

Annual Percentage Rate

Front

What is a budget?

Back

A plan for managing income and expenses.

Front

What is the purpose of a credit score?

Back

To assess a person's creditworthiness.

Front

What is the difference between a debit card and a credit card?

Back

A debit card withdraws money directly from your bank account, while a credit card allows you to borrow money up to a certain limit.