Cards in this guide (20)
What are the steps necessary to reconcile a bank statement
ending balance + outstanding deposits - outstanding check =
balance
The printing of currency in the US responsibility of
This is Paula's monthly budget What percent of her expenses is spent on insurance
20Given Paula's monthly budget, the percentage of expenses spent
on insurance can be determined by subtracting all the other
expenses from the monthly budget, which leaves you with the anoint
spent on insurance.
Calculate the simple interest you would receive in five years on a savings account that earns 7.5 percent annual interest What if your beginning balance is 1236.59
Does your checkbook balance when you have outstanding checks that total 224.79 an ending balance of 59.56 outstanding deposits of 325.46 and a checkbook balance of 165.15
Sherry had an ending balance of 125.36 outstanding deposits of 153.53 and outstanding checks of 100.19 What was her checkbook balance
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.
Which of these should represent the smallest portion of your budget
Which of these is the correct formula for calculating interest on a loan
Interest = Rate x Principal x Time
Which of these does not describe a total consumption budget
it is designed to reach short-term goals
Which of these is a type of savings account that is designed to accrue interest for a specific period of time
What is the interest on a five year loan of 13950 at a 5.8 percent rate of interest
What describes discount loans
They require the interest to be paid first.
Calculate the simple interest you would receive in five years on a saving account that earns 7.5 annual interest Your beginning balance is 1236.59
The simple interest over a period of five years is $463.70
What is an example of a bank fee that is charged when opening and using a checking account
minimum check-writing fee
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.
When Amanda bought a car for 8500 her loan was for five years at a 4.6 interest rate how much will Amanda pay for her car total including interest
Which of the following is the best description of a consumer good
It is something tangible that can be touched or carried
Which of these is an example of a variable expense
