WorksheetsUnit 1 - Financial Literacy
Total questions: 20
Worksheet time: 16mins
The amount of money your employer withholds from your pay and provides to a third party on your behalf.
Payroll Deductions
Car Insurance
To effectively communicate an idea
Articulate
The ability to buy something now and pay for it later
The amount of money that is left in your paycheck after your deductions have been taken out.
(a)
A type of loan that allows one to buy a house
Auto Loan
Mortgage
To be behind on ones bills and obligations
To establish credit
Delinquency
The type of interest calculated on ONLY the principal
(a)
The type of interest calculated on both the principal and any additional interest already earned
This is a form of giving to charity
Loan
Philanthropy
This stands for Return on Investment
(a)
This is a measure of your trustworthiness and responsibility in paying bills on time
Bank Balance
Credit Score
This stands for Annual Percentage Rate and is a measure of how much interest is paid in one year
(a)
If interest is compounded quarterly, it happens (a) times per year.
The most important factor in your credit score is
When calculating the ROI of education, the number used for a bachelor's degree is (a) .
Type the simple interest formula here:
(a)
In the compound interest formula, the variable r represents
In the compound interest formula, the t represents
Principal amount
Time in years
In the compound interest formula, n represents
The number of times that interest is compounded in a year
Draw your best rendition of Ms. Birgenheier
