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WorksheetsFINANCIAL WELL-BEING
Total questions: 10
Worksheet time: 5mins
How long does an individual have to correct problems with their bank statement?
10
30
60
90
Using the rule of 72: How long will it take to double my savings if I deposit my money in a Certificate of Deposit yielding 12% interest?
5
7
3
6
True or False: 760 is a bad credit score
True
False
Which factor is most important in calculating a credit score?
Inquiries
Salary
Public records
Payment history
Fill in the blanks: The rule of 72 says that if you take 72 and divided by the interest rate, the result will tell you how long till you ___________ your investment?
Triple
Get back
Double
multiply
Which is NOT a Credit Reporting Agency?
Experian
Transperian
Equifax
Transunion
Who created the Rule of 72?
Charles Schwabb
Bill Gates
John Hancock
Albert Einstein
Issuing bad checks in what amount is considered a felony?
< $299
> $300
Why is it important to balance our checkbooks?
Avoid unnecessary fees
Have good situational awareness of what we have in our accounts
Prevent drop on our credit score
All of the above
What is the meaning of " (-) Payment " in a checking account balance register?
its a withdrawal or money going out of the account
its a deposit or money coming in to the account
