13WD/FS Year 13 River quiz

This piece of equipment is something you should be familiar with. What is it?

• Car jack

• Baby stroller

• Lug wrench

• Trolley

The idea of compound interest is the more money you save and invest, the higher money you can make as it grows. If you are 17, have no savings but invest $100 a week and your interest (growth) is 7% a year, how much will you have by age 30?

• $12000

• $25000

• $58000

• $95000

At 18, the government will provide full contributions to your KiwiSaver if you put in over $1042 a year. How much do they contribute?

• $52

• $200

• $345

• $521

Is it illegal in New Zealand to not be registered to vote in a national election?

• Yes

• No

Who is the MP (member of Parliament) for Coromandel (including Hauraki)?

• Scott Simpson

• Christopher Luxon

• Len Salt

• Winston Peters

How many baskets of 14 credits from a single subject does a person need to gain University Entrance?

• 2

• 3

• 5

• 4

Every person (legally) needs to pay taxes on any money they earn, whether it is from being an employee or a business owner. For the first $14,000 you earn, the government takes 10.5% of it in tax. For the next $38,000 ($14-48k) how much % do they take?

• 17.5

• 20

• 25

• 30

As a New Zealand citizen (with a passport), do you need to apply for any particular visas (passes) to live and work in Australia?

• Yes

• No

The minimum wage for an adult (18+) is rising on April 1. What will it be (per hour)?

• $23.15

• $22.50

• $25.00

• $27.50

As a full-time employee in New Zealand, how many weeks a year holiday are you entitled to (not including public holidays)?

• 3

• 4

• 5

• 6