Everfi module - Study guides, Class notes & Summaries

Which of the following typically have the highest auto insurance premiums? Young, inexperienced drivers Why might you complete a 1040 instead of a 1040EZ? You own a home

Everfi Modern Banking Module 2 Answers

EverFi Modules Questions | 100% Correct Answers | Verified | Latest 2024 Version What is the typical relationship between time and interest rate? a) Longer time period usually equal higher interest rates b) Shorter time period usually equal higher interest rates c) Longer time periods usually have no affect on interest rates d) Shorter time periods usually have no affect on interest rates - a) Longer time period usually equal higher interest rates Interest is: a) a charge for lending ...

Which of the following is NOT a common feature of a financial institution? Access to investment products; Investment trading; Access to investment advice Which of the following statements about check cashing companies is TRUE? They charge high fees. Which of the following financial institutions typically have the highest fees? Check cashing and payday loan companies Which of the following statements about check cashing companies is FALSE? They charge low fees.

EVERFI Module 3 Budgeting Answers |Verified Solutions Which of the following is a benefit of using a budget? All of the above Which of the following is NOT a benefit of using a budget? A budget can help you purchase anything you want. Why is using a budget beneficial? All of the above Which of the following should NOT be considered when setting a current budget? Future income Which of the following should you consider when setting a budget? All of the above

EVERFI Module 6 Financing Higher Education Answers Question Answers Making the choice to spend money on post secondary education pays off in the long run because: The salary you will earn with a degree will pay back the cost of college over your career. What are the benefits of attending a local community college? All of the above. Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. What is his best option for affording a Bachelor’s Degree...

Generally, the more education you receive, the higher your lifetime earnings will be. True There is no relationship between the level of education received and lifetime earnings. False For most careers, which degree will most likely result in the highest lifetime earnings? Bachelor’s Degree What is net pay? The amount of money you’re paid after all taxes and deductions are taken out of your paycheck. Net pay is NOT __. Your gross pay plus any bonuses. The amount of money you’re pa...

EVERFI Module 2 Income & Employment Answers

EVERFI Module 2 Income & Employment Answers Question Answer Generally, the more education you receive, the higher your lifetime earnings will be. True There is no relationship between the level of education received and lifetime earnings. False For most careers, which degree will most likely result in the highest lifetime earnings? Bachelor’s Degree What is net pay? The amount of money you’re paid after all taxes and deductions are taken out of your paycheck. Net pay is NOT __. ...

EVERFI Module 2 Income & Employment Answers.