Senior Math

What is gross pay?

• pay before taxes

• pay after taxes

• the amount of money that you give to taxes

What is net pay?

• amount before taxes

• amount after taxes

• money that is taken for taxes

A budget is a plan to manage money.

• true

• false

A debit card is used to pay for daily expenses that is taken directly from

• checking account

• credit card account

• bankrupsty account

Debt is partial amount of money that you owe to lenders.

• true

• false

This is a number assigned to each individual that determines their creditworthiness. Lenders use it to estimate how likely that person would be to pay back a requested loan.

• banking score

• checking score

• credit score.

A PIN is your personal identification number.

• true

• false

When you attempt a transaction that would go over your account balance

• withdrawal

• bankrupt

• overdraft

the fee you pay for borrowing money.

• taxes

• interest

• capital gains

to use money to make money

• borrow

• lend

• invest

• credit