Title: Powerpoint Jeopardy
1Powerpoint Jeopardy
Salary vs. Hourly ATM All about Credit Learning about Loans Category 5
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2Net income is the income avaiable A. The amount
you can catch while fishing. B. Before taxes C.
After taxes
3A salaried employee earns A. The same amount
each month, regardless of hours worked. B. More
money than everyone else. C. An amount of money
for each hour worked.
4Income is defined as the amount of money A.
Someone desires to have. B. Has to pay his or her
bills. C. Someone earns and have available to
spend.
5Savings accounts help a person A. Keep money
safe B. Keep money safe and earn interest C.
Manage money.
6Ian saw his first paycheck and was Surprised at
the amount of money That was removed. These are
called A. Inductions B. Reductions C.
Deductions
7Automatic Teller Machines allow A. You to
close out your checking account. B. You to
withdraw money. C. You to transfer money from one
bank to another.
8Debit cards allow a person to A. Earn interest
on purchases B. Pay for items when they have no
money in the bank. C. Pay for items without
writing a check.
9A store sells a stereo for 450 but the buyer
ends up paying 525 over a year for the store to
finance it. Whats the 75 called? A. Net
loan B. Interest C. Late fee
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11- When using the ATM Melody
- Should always do what to stay safe?
- A. Go at night.
- Take her time so she
- Avoids making mistakes.
- Locks her doors and leaves the
- area immediately when finished.
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13- A grace period on a credit card usually is
- A. Number of payments that can be skipped.
- Amount of time before a finance charge is
- added to what is owed
- Amount of time to pay off the total amount
- owed.
14- Shopping for the best credit card means
- Looking for the one with the
- longest grace period
- Looking for the one with the lowest monthly
- Payments
- C. Looking for one with the lowest
- annual percentage rate(APR)
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21Paying a loan in monthly payments means A.
Making a payment each time the item is used. B.
Paying the interest only. C. Making regular
payments towards the cost.
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