Nine Weeks Test Wise Exam | Questions with 100%
Correct Answers | Verified | Latest Update
2026/2027
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Terms in this set (48)
John puts his $100 birthday gift in a Interest earned
savings account. By John's next
bithday his account is worth $106
.The $6.00 earned in Johns account is
an example of
In determining a persons Networth , A certificate of Deposit " It earns interest"
which of the following are consider
an asset.
A person's Networth would increase Decreases the amount of money owed to the
if he creditors
The benefit of compound Interest on The Time Value of Money
money in a savings account is an
example of
, For the past two years john has Inflation
saved 10% of his paycheck . But has
less money than he use to even
though he buys the same things .
What could cause this to happen?
_____ and cause his investments to be
worth less.
Pay your self first" means that a Save a specific amount of money from each
person should paycheck before spending
Which of the following is considered Selling concert or football tickets for a profi
a source of income
You budgeted 100 for entertainment Reduce variable expenses by 50
but spent 150 what should you do to
keep a balanced budget ?
The US is becoming a cashless Because Money in ATM could become disabled in
society, but it is still important to a disaster.
have some cash at home because of
?
A person has been contributing to a Move the money from the 401K into another
companies 401k and now is about to qualified retirement plan
leave jobs .. It would be financially
advisable or benefit the person to
A person used an ATM to withdraw Record both the $100 and $1.50 fee in there check
$100 from her bank that has a register
balance of $300 . They are charged a
1.50 fee for using the ATM..What
should the person do next?
Correct Answers | Verified | Latest Update
2026/2027
Save
Terms in this set (48)
John puts his $100 birthday gift in a Interest earned
savings account. By John's next
bithday his account is worth $106
.The $6.00 earned in Johns account is
an example of
In determining a persons Networth , A certificate of Deposit " It earns interest"
which of the following are consider
an asset.
A person's Networth would increase Decreases the amount of money owed to the
if he creditors
The benefit of compound Interest on The Time Value of Money
money in a savings account is an
example of
, For the past two years john has Inflation
saved 10% of his paycheck . But has
less money than he use to even
though he buys the same things .
What could cause this to happen?
_____ and cause his investments to be
worth less.
Pay your self first" means that a Save a specific amount of money from each
person should paycheck before spending
Which of the following is considered Selling concert or football tickets for a profi
a source of income
You budgeted 100 for entertainment Reduce variable expenses by 50
but spent 150 what should you do to
keep a balanced budget ?
The US is becoming a cashless Because Money in ATM could become disabled in
society, but it is still important to a disaster.
have some cash at home because of
?
A person has been contributing to a Move the money from the 401K into another
companies 401k and now is about to qualified retirement plan
leave jobs .. It would be financially
advisable or benefit the person to
A person used an ATM to withdraw Record both the $100 and $1.50 fee in there check
$100 from her bank that has a register
balance of $300 . They are charged a
1.50 fee for using the ATM..What
should the person do next?
