Financial Literacy and Decimal Review

Front

What is Income Tax?

Back

A tax that is deducted from a person's paycheck.

Front

What is Payroll Tax?

Back

A tax that is taken from an employee's wages to fund social security and Medicare.

Front

What is a CD player?

Back

A device used to play music CDs.

Front

If Chole wants to buy a CD player that costs $59.95, how much money does she need to save?

Back

$59.95

Front

How many months will it take Chole to save for the CD player if she saves enough each month?

Back

3 months

Front

If Kaitlyn buys skates for $74.79 and has $193.42, how much will she have left?

Back

$118.63

Front

What is Direct Deposit?

Back

A way to have your paycheck automatically deposited into your bank account.

Front

Is it true that a direct deposit means taking your paycheck to the bank?

Back

False

Front

What is Financial Literacy?

Back

The study of banking and money.

Front

What is the cost of Kaitlyn's skates?

Back

$74.79