
8th Grade Math: Unit 05 Flashcards
Flashcard
•
Mathematics
•
8th Grade
•
Practice Problem
•
Hard
Abby Paben
FREE Resource
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42 questions
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1.
FLASHCARD QUESTION
Front
A ________ is a set amount of money, or percentage of pay, that is set aside from an employee’s pay check by their employer, before the employee’s wages are taxed. The employer may or may not contribute as well to the employee’s fund depending on employer’s policy. The money is taxed when it is withdrawn at retirement age. In addition, if withdrawn prior to retirement age, an additional penalty tax is assessed.
Back
401(k)
2.
FLASHCARD QUESTION
Front
A ________ is a set amount of money, or percentage of pay, that is set aside from an employee’s pay check by their employer, before the employee’s wages are taxed. The money is taxed when it is withdrawn at retirement age. In addition, if withdrawn prior to retirement age, an additional penalty tax is assessed.
Back
403(b)
3.
FLASHCARD QUESTION
Front
A ________ is an educational savings account managed by the state, and is usually tax-deferred. Deductible and non-deductible contributions may be made, taxes may be waived if used for higher education.
Back
529 account
4.
FLASHCARD QUESTION
Front
Fill in the blank: An ________ is a set amount of money, or percentage of pay, that is invested by an individual with a bank, mutual fund, or brokerage.
Back
individual retirement account (IRA)
5.
FLASHCARD QUESTION
Front
Fill in the blank: ________ is the general increase in prices and decrease in the purchasing value of money.
Back
Inflation
6.
FLASHCARD QUESTION
Front
A ________ is a relationship with a constant rate of change represented by a graph that forms a straight line.
Back
linear relationship
7.
FLASHCARD QUESTION
Front
Fill in the blank: ________ is the process of pairing input and output in a function. Mappings are usually demonstrated by a diagram consisting of two lists, usually in ovals, with arrows associating items from the first list to items in the second list.
Back
Mappings
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