PFHS 2.03

Which type of interest earning account will charge a penalty if you withdraw the money early?

• Money Market
• Certificate of Deposit
• Savings Account
• Depository Institution

Allows you to easily access your funds in a checking account.  Replaces checks.

• Credit Card
• APR
• Debit Card
• Interest

The rate of interest you must pay toward credit card purchases if not paid in full each month.

• Gross Income
• Net Income
• Interest
• APR

Also known as credit unions and savings & loan institutions.

• Interest
• Depository Interest
• Income
• Expense

The amount of money in one’s paycheck after all withholdings.

• Gross Income
• Net Income

The document an employer fills out each year for an employee stating the wages paid.  It is used to fill out taxes.

• I-9
• W-4
• w-2
• APR

Money Earned.

• Income
• Expense

One of the safest places to store money.  Pays the least amount of interest, money is accessible with no penalty.

• Debit Card
• Checking Account
• Credit Card
• Savings Account

Give up something to get something.

• Trade-Off
• Human Capital
• Money Market
• Interest

Deductions for a paycheck such as insurance, taxes, & FICA.

• Expensive Deduction
• Withholdings
• Gross deduction