Worksheets2024 Unit 4.1
Total questions: 11
Worksheet time: 6mins
The monetary charge for borrowing money
is the original amount of money that is borrowed, invested, or lent
a document that details a person's current financial circumstances, their short- and long-term monetary goals, and their strategies to achieve those goals.
a spending plan based on income and expenses
What is the term used to describe the money you earn from a job before any deductions are taken out?
Net Income
Gross Income
Total Revenue
Disposable Income
this type of expense stays the same each month
fixed income
variable expense
discretionary expense
fixed expense
expenses that change in cost and occurrence
the amount of money left after taxes and other deductions are taken out of a paycheck
a fixed amount of money agreed every year as pay for an employee
Pay that is based on the amount of hours worked
Wage
when you earn interest not only on the money you originally put in (the principal) but also on the interest that money has already earned.
