What are some of the different types of taxes that will be deducted from your paycheck. (Select all that apply)

• Ad Valorem Tax

• FICA

• Federal income tax

• State Income Tax

What factors can affect the APR of your credit card or a loan? (Select all answers that apply)

• The balance on your loan or credit card

• Your credit score

• Your salary

• The type of loan

What information should you include on your resume?

• Birthdate

• Social Security number

• Work experience

• References

If you have a credit card balance, the minimum payment is calculated to be 3% of the balance you owe. What should you pay every month for your credit card payment. (Select all that apply)

• The minimum payment

• Less than the minimum payment

• At least an extra $20-25 on top of the minimum payment due

• Double the minimum payment if possible

A credit rating or score is based on your credit payment history and other factors. Credit ratings are determined by the Big 3 credit reporting agencies. The names of the credit reporting agencies are (Check all that apply)

• Equifax

• Transfax

• Transunion

• Experian

Having a bad credit rating can have a negative impact on your ability to (Check all that apply)

• Go to school

• Get car insurance

• Get a loan or credit card

• Get an Uber

• Rent an apartment

Leasing a car can be compared to (Check all that apply)

• Buying a car

• Owning a car

• Renting a car

• Borrowing a car

Gross pay is

• the amount of money in your paycheck before taxes are taken out

• the amount of money you want to make.

• the amount of money in your paycheck after taxes are taken out.

• the amount of money you make in a year

Net pay is

• the amount of money you make in a year.

• the amount of money before taxes are taken out of your paycheck.

• the amount of money in your paycheck after taxes are taken out.

• the amount of money you make in a month.

The term APR is

• A debit card transaction fee.

• An amount of money that is charged to borrow money based on a percentage rate

• A rating or score of your credit worthiness.

• A percentage of your earnings.