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Worksheets

Paying Bills

Total questions: 12

Worksheet time: 9mins

Name
Class
Date
1.
What happens when you don't pay your credit card bills
a)
The bank start charging you interest.
b)
The bank pays your debt for you.
c)
The bank starts selling your property
d)
The bank takes away your credit card
2.
What happens when you use your debit card
a)
The bank loans you the money you use 
b)
The money comes right out of your account
3.
What does it mean when your check bounces
a)
The bank puts your check in your bank account
b)
The bank keeps your check instead of putting the money in your bank account
c)
The bank sends your check to someone else
d)
The bank fines you for sending in a false check 
4.
What does deductions mean
a)
Taking away something
b)
adding something
5.
What is gross pay 
a)
The money you make before any taxes are paid
b)
The money you make after the taxes your paid
c)
The money you make after working extra hours
6.
What is net pay
a)
Money you make so you can save it 
b)
Money you make from working extra hours
c)
the money you make after paying taxes
d)
The money you make before paying taxes
7.
Isaiah got payed 4,000 dollars at the end of the month. After he paid his taxes he only really got paid 3,000. What is this called?
a)
Gross pay
b)
Net pay
8.
Alex uses a credit card.Alex got charged interest. Why is this?
a)
Alex didn't paid his credit card bills
b)
Alex paid his credit card bills
c)
Alex didn't have any money in his bank account
d)
Alex lost his credit card
9.
When you use your credit card do you earn or loose credit scores?
a)
Loose
b)
Earn
10.
When you use your credit card do you earn or loose credit scores?
a)
Loose
b)
Earn
11.
What do you use credit scores for?
a)
To Buy a house and car
b)
 To Earn more money
c)
To Loose more money
12.
Josh wanted shoes but he only has 28 dollars in his account. He bought the shoes anyway. The shoes cost 40 dollars on his debit card. What happens to Josh now?
a)
The bank will take away his debit card
b)
He is in debt by 12 dollars
c)
The bank will pay his debt for him