WorksheetsUnit 9 Vocabulary
Total questions: 12
Worksheet time: 6mins
a way of organizing income and expenses over a period of time
Personal Budget
Net Worth
Assets
Liabilities
amount of money that you owe to a financial institution
Personal Budget
Net Worth
Assets
Liabilities
an item or amount of money that you own
Personal Budget
Net Worth
Assets
Liabilities
the value of what you own minus the value of what you owe
Personal Budget
Net Worth
Assets
Liabilities
expenses that do not change from month to month
Fixed Expenses
Variable Expenses
Sales Tax
Income Tax
expenses that vary from month to month
Fixed Expenses
Variable Expenses
Sales Tax
Income Tax
a percentage charged on goods or services
Fixed Expenses
Variable Expenses
Sales Tax
Income Tax
a percentage deducted from income that you earn
Fixed Expenses
Variable Expenses
Sales Tax
Income Tax
interest earned only on the principal, or original amount deposited in the account
Simple Interest
Sale
Rebate
Coupon
when the cost of an item is reduced for a period of time
Simple Interest
Sale
Rebate
Coupon
when a customer pays the full cost of an item and then submits a reimbursement request to the manufacturer
Simple Interest
Sale
Rebate
Coupon
when an amount of money is deducted from the price of an item
Simple Interest
Sale
Rebate
Coupon
