Cards in this guide (25)
What does HMO stand for
Health Maintenance Organization
HMO stands for Health Maintance Organization. Basically an HMO
lets you go to a small group of doctors and hospitals. But, if you
go anywhere else you have NO COVERAGE.
What are the steps necessary to reconcile a bank statement
ending balance + outstanding deposits - outstanding check =
balance
What institution insures individual banking accounts
minimum check-writing fee
What type of tax is usually paid to the county treasurer
What is a deduction on an income tax form
a dollar amount that reduces the amount of taxable income...
Which of these is an element of limited payment life insurance
this life insurance policy has premium payment for a set number
or years....
What is a description of allowances
It is the special circumstances that reduce a person's federal
tax bill.
Which of these is an element of term life insurance
This life insurance policy is worth only the face value.
What is true about the american population over the past 100 years
The life expectancy for males and females has risen....
What is an important reason for knowing the approximate difference between your gross pay and your net pay
Knowing the difference will allow you to develop a realistic
budget based upon your take-home pay.
What types of checking accounts do financial institutions offer
Kenneth is having a terrible time balancing his checkbook He had outstanding checks that totaled 323.14 an ending balance of 232.54 and outstanding deposits of 125.98 His checkbook register bal
Outstanding Checks = $323.14
Current Bank Balance = $232.54
Outstanding Deposits = $125.98
Final Balance = Current balance + Outstanding deposits -
outstanding checks
= 232.54 + 125.95 - 323.14
= 35.35
The final balance on Kenneth's account will be $35.35
If Patty is taking out a simple interest loan to buy her new 10689 car How much would she pay in interest it the rate is 4.5 percent and she pays the loan off in 4 years
She will pay $1,924.02 in interest.
How do you calculate Interest rate if loan amount and monthly payments and loan amount is given
Which of these should represent the smallest portion of your budget
What does not belong in the miscellaneous category
Questions that can be categorized belong in the closest category
for that subject. Other questions are harder to categorize and are
in Miscellaneous until they are assigned a category.
What is the maximum contribution an employer may make to an individuals 401 k on an annual basis
What type of interest is better to have when applying for a loan
Which of these would not be included on a loan application
your educational background
What describes an installment loan
Installment loans require monthly payments to pay the loan.
What is the interest on a five year loan of 13950 at a 5.8 percent rate of interest
What does automatically withdraws the amount of a purchase from the consumers checking account
Calculate the current balance on your checking account if the previous balance was 129.32. You wrote checks for 59.73 and 32.95 and later made a deposit of 754.23
When This is the monthly budget for the reed family. What percentage of expenses is spent on utilities
Divide the utility expense by the monthly budget. Multiply the
result by 100.
Which of the following is the best description of a consumer good
It is something tangible that can be touched or carried
