WorksheetsFinancial Literacy
Total questions: 15
Worksheet time: 4hrs 45mins
Which statement below accurately describes credit cards and debit cards?
Debit cards and credit cards both come directly out of your checking account.
Debit cards and credit cards allow you to buy now and pay later.
Debit cards and credit cards require a PIN number.
Debit cards are credit cards are accepted at most places and are safer and easier to pay with than cash.
What is Tripp's ending balance on November 16th? (Click on the picture to zoom)
(a)
Many payment options are available to help with the cost of a college education. A payment option that allows you to work on campus at your college and earn money is called what type of payment option?
Scholarship
Loan
Grant
Work-study
Mrs. Jenkins has earned $2,241,400 during a 20-year period. What could be her average yearly salary and and profession?
Web Developer: average yearly salary $75,390
Pharmacist: average yearly salary $112,070
Manager: average yearly salary $53,500
Dermatologist: average yearly salary $184,600
Which statement best describes purchases made with a debit card?
Purchases made with this card are subject to interest.
Purchases made with this card can be paid over time.
Purchases made from this card are withdrawn directly from a bank account.
Purchases made with this card are subject to a credit limit.
The list below shows odd jobs that Michael has completed and the amount of money he earned for the job.
Yard work $25.00
Babysitting $33.50
Grade money $20.00
House cleaning $65.00
How much more money does Michael need to earn to make at least $300.00 if he spent $16.75 at the movies and $55.20 on a new game?
$71.55
$240.60
$228.45
$143.50
Amelia is attending college. She received money based on her financial need that she does not have to pay back. What is this type of money for college called?
loan
grant
work-study program
college savings plan
Which type of degree takes about 4 years to earn attending college full time and is required for professions such as teachers, nurses, and hospital administrators?
Doctorate or Professional Degree
Associate's Degree
Master's Degree
Bachelor's Degree
Based on the average annual salaries in the table, how much more would an accountant earn than a tax preparer over a 30-year career?
$112,740
$3,382,200
$880,200
$1,251,000
There are various methods in which to pay for your purchases. Paul used a type of card to pay for his purchase that withdraws money immediately from his checking account. What is this type of payment card called?
credit card
debit card
401 card
savings plus card
Based in the transactions in Nina's check register, what is the balance in dollars and cents in her checking account at the end of the day on April 23rd?
(a)
Howie is a retired electrician. He made $1,470,000 over his lifetime. He worked for 30 years. What was his annual salary?
$39,000
$48,000
$44,100,000
$49,000
Sarah has a scholarship that will pay for 30% of her college tuition. If her tuition costs $112,000, how much money will her scholarship pay?
$78,400
$33,600
$82,000
$70,000
Which college degree would be required for a lawyer or a doctor?
There is no degree required.
Associate's
Bachelor's
Doctorate
When is your math assignment due?
Never
Sunday night
Monday
