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Module 1 Review

Quiz

Played 38

About this activity

Complete the multiple choice questions to review Module 1 prior to completing the post-assessment.

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Module 1 Review
 

Module 1 ReviewOnline version

Complete the multiple choice questions to review Module 1 prior to completing the post-assessment.

by Krista
1

Rhett wants to save $1,500 for a new set of golf clubs. He'd like to purchase them in time for his vacation to Pinehurst which is 8 months away. How much will he need to save each month to reach his goal?

2

Laurel is tired of sharing a car with her brother, so she wants to save $7,000 to purchase a used car when she graduates high school in 2 years. How much will she need to save each month to reach her goal?

3

Fixed Expense

4

Variable Expense

5

Periodic Expense

6

Predatory lenders that charge high interest rates

7

Spending more money than you have in your checking account is called

8

When maintaining a check register you should add withdrawals and subtract deposits.

9

Augusta plans to move into her own apartment in a few months, so she asked her grandmother to help her create a budget. Augusta makes $2,150.00 per month. They estimate that Augusta can afford to budget 25% of her income for rent. How much will she spend on rent?

10

The memo line on a check is...

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