Working Makes Sense

When you make a withdrawal from your account....

• you are taking money out. 
• you are adding money to it. 
• you are making a profit from it. 
• you are paying the bank.

Interest on a savings account is.....

• a percentage that you earn that adds to your account amount.
• money you owe the bank.
• money that you are charged.
• removed from your account.

What is 50% as a decimal?

• .50
• .05
• .55
• 1/2

what is 5% as a decimal?

• .05
• .50
• .005
• .55

what is the interest on $250 using 5% interest rate?

• $12.50
• $1.25
• $.1250
• $125.00

What is 5% of $200.00?

• $10.00
• $40
• $1.00
• $1000

What is 1/4 as a percent?

• 25 %
• .25%
• 10 %
• 40%

What is 3/4 as a percent?

• 75%
• 7.5%
• 70%
• 17%

A sales tax is....

• added to your balance.
• subtracted from your balance.
• only used in Texas.
• only used for on groceries.

A discount on an item is....

• subtracted from your balance. 
• added to your balance. 
• offered to La residence only. 
• a profit.