WorksheetsQR Final Spring 2025
Total questions: 20
Worksheet time: 11mins
Gina is trying to find the best deal on her shampoo. Which of these options should she choose?
25.4 oz bottle from Target
12 oz bottle from Target
50.8 oz bottle from Amazon
Which of the following are reasons to use a credit card over using cash? (Choose TWO)
Rewards
Fraud protection
Less likely to overspend
Fees
Debt
Laura is using the 50-30-20 rule for how she is budgeting her paycheck. Which options shows the categories for each percentage?
50 - Needs
30 - Wants
20 - Debt/Savings
50 - Debt/Savings
30 - Needs
20 - Wants
50 - Wants
30 - Needs
20 - Debt/Savings
50 - Wants
30 - Debt/Savings
20 - Needs
Bobby's monthly income and expenses are listed in the picture. All of his month expenses totals $2650. What percentage of his income is going towards the expenses listed?
97%
78%
12%
100%
What is the difference between an MMA and a savings account?
An MMA makes you keep your money in the account for a certain amount of time, but with a savings account you can remove money whenever you want.
You can use a debit card with a savings account, but not with an MMA.
They both earn higher interest, but an MMA allows you to use checks/debit card.
When is it best to start investing in your retirement? Why?
When you are older and have a steady job because then you can invest a smaller amount of money each month.
Whenever. It really doesn't matter when you invest. You'll still have the same amount of money at retirement either way.
When you are young because you will have more money by the time you are old enough to retire.
How much did Ronald Davis spend on parking for this statement period?
$128
$188.50
$60.50
$121
How much did Ronald deposit to his account from an Internet Transfer?
$2500
$1000
$4500
$54.75
Which of the following are NOT common types of loans? (Choose two)
Mortgage
Vacation
Pet
Personal
Auto
A secured loan requires you to have collateral.
Maria wants to have a low payment for her car loan. If everything is the same except the length of the loan, which should she pick to have the LOWEST monthly payment?
12 months
24 months
36 months
72 months
Henry takes out a personal loan that must be paid back within 36 months if she doesn't want to have to pay interest in addition to what she borrowed. If the loan is $12,384, how much will her payments be per month?
$344
$1,238.40
$200
$405
Check TWO that apply. Which taxes is your employer required to take out of your paycheck?
Social Security
Medicare
Consumerism Tax
Parking Tax
What is the net pay for this pay check?
$4,400
$326.15
$400
$73.85
Meghan's work wants her to work overtime this next week. If her employer pays time and a half, what would her rate be per hour for her overtime?
$10
$20
$15
$12
What must you have for a secured loan?
Nothin'
Collateral
A pet elephant
Good credit.
Ms. Demieville grew up in Arizona. What kind of insurance was not necessary for people in AZ to have?
Earthquake
Tornado
Hurricane
Mudslide
All of the above
There was a big storm last week. Hail hit Edward's car and caused damage. What kind of insurance would help cover the cost of repairs?
Comprehensive
Collision
Uninsured
Bodily injury
Terry was in a bad accident. She had to go to the hospital and had to have surgery. Her total hospital bill is $10,200. How much will she have to pay?
$8700
$3060
$10,200
$15,000
Which allows you to build equity?
Renting a home
Owning a home
