100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Financial Literacy Exam Questions and Answers $10.49   Add to cart
Quickly navigate to
Preview
  2.  
  3. Financial Literacy
  4.  
  5. Financial Literacy

Exam (elaborations)

Financial Literacy Exam Questions and Answers
 0 view  0 purchase
  • Course
  • Financial Literacy
  • Institution
  • Financial Literacy

means having the knowledge and skills to manage your personal finances. - Answer-financially literate is a fee charged for using borrowed money for a purchase - Answer-interest relates to all of the different money decisions you make each day - Answer-personal finance Taxes and withholding...

[Show more]

Preview 1 out of 4  pages

Document information

  • October 12, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • financial literacy exam questions and an
  • means having the knowledge and skills to manage yo

Written for

  • Financial Literacy
  • Financial Literacy

Seller

avatar-seller
lectknancy

Reviews received

Content preview

Financial Literacy Exam 2023-2025
Questions and Answers
means having the knowledge and skills to manage your personal finances. - Answer-
financially literate

is a fee charged for using borrowed money for a purchase - Answer-interest

relates to all of the different money decisions you make each day - Answer-personal
finance

Taxes and withholdings impact your _____ , which is the amount of money you take
home on your paycheck. - Answer-net income

the cost of groceries and gas is considered an - Answer-variable expense

To budget with an __________, prioritize expenses from most to least important so your
most important expenses are covered first - Answer-irregular income

an ____ stays the same from month to month - Answer-fixed expense

whats it called when you make money on the percentage of the total sales you make? -
Answer-commission

when you're creating your monthly budget whats the first priority under "expenses" -
Answer-giving

An investment's _____ is its percentage gain or loss over time. - Answer-rate of return

the prices of goods and services increases over time due to - Answer-economic growth

which of the following would be considered an emergency fund expense - Answer-
blown car tire

the five foundations, what is the third foundation - Answer-pay cash for your car

an ____ is a number that indicates the likelihood of someone repaying debt - Answer-
credit score

making fixed payments on a loan over a set period of time is an example of - Answer-
installment credit

when you fail to repay a loan on time, you're referred to as being in - Answer-default

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller lectknancy. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77529 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.49
  • (0)
  Add to cart