Financial Algebra Benchmark Review Part 2

Flashcard
•
Mathematics
•
12th Grade
•
Hard
+11
Standards-aligned
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15 questions
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1.
FLASHCARD QUESTION
Front
What is the recommended order of using different types of money for paying for college?
Back
Free money, your money, borrowed money.
2.
FLASHCARD QUESTION
Front
What is the difference between sticker price and net price in college tuition?
Back
Sticker price is the full cost of attendance before any financial aid, while net price is the actual cost after financial aid is applied.
Tags
CCSS.6.EE.A.2C
3.
FLASHCARD QUESTION
Front
What is the gig economy?
Back
A labor market characterized by short-term contracts or freelance work as opposed to permanent jobs.
4.
FLASHCARD QUESTION
Front
What are the benefits of app-based gig work?
Back
It allows for flexible hours and easy access to job opportunities.
5.
FLASHCARD QUESTION
Front
What is the primary purpose of a 401(k) plan?
Back
To save for retirement.
6.
FLASHCARD QUESTION
Front
What should students focus on when making decisions during college?
Back
Balancing academic, social, and financial decisions for overall success.
7.
FLASHCARD QUESTION
Front
What is 'free money' in the context of college funding?
Back
Financial aid that does not need to be repaid, such as grants and scholarships.
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.3
CCSS.RI.9-10.5
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