All of the following are ways to avoid ATM fees EXCEPT… a. Avoiding out-of-network ATMs b. Finding a bank that reimburses you for ATM fees c. Using your debit card instead of withdrawing cash to make a purchase d. Withdrawing ...

All of the following are ways that you could potentially avoid a monthly maintenance fee on your account EXCEPT… a. Meeting a monthly minimum balance requirement b. Only banking online instead of using physical bank locations c. Having both a ...

What is the most frequently charged fee on checking accounts? Overdraft fees

Why do so many people still sign up for overdraft protection when it is not always beneficial for them to do so? The bankers do not say anything about the fees.

In what circumstance would a property insurance claim be rejected? The insurance company finds that a homeowner intentionally caused damage. The property damage is caused by a natural disaster, such as a flood. The insurance company changes its policies after ...

Why does insurance often provide “peace of mind”? People know their insurance coverage will help prevent accidents and damage. People trust that they will make a profit if they pay insurance premiums. People are not concerned about their health if ...

Erik buys a coloring book costing $2.56. He gives the cashier $5.00. The cashier gives him his change using the least number of coins and bills possible. How many of each coin or bill does he receive? one-dollar bills quarters

What is the compound interest on a three-year, $100.00 loan at a 10 percent annual interest rate? $10.00 $21.00 $33.10 $46.41

Logan buys a swimming cap costing $2.63. He gives the cashier $5.00. The cashier gives him his change using the least number of coins and bills possible. How many of each coin or bill does he receive? one-dollar bills quarters

The simple interest on a loan of $200 at 10 percent interest per year is $10 per year until the loan is paid off. $15 per year until the loan is paid off. $20 per year until the loan is ...

Wendy buys a glass vase costing $3.14. She gives the cashier $5.00. The cashier gives her change using the least number of coins and bills possible. How many of each coin or bill does she receive? one-dollar bills quarters dimes

Cindy buys a box of dog biscuits costing $1.66. She gives the cashier $5.00. The cashier gives her her change using the least number of coins and bills possible. How many of each coin or bill does she receive? one-dollar bills

What is a benefit of obtaining a personal loan? getting money with special repayment terms getting money with favorable interest rates getting small amounts of money to use immediately getting large amounts of money to use immediately

Cindy buys a box of dog biscuits costing $1.66. She gives the cashier $5.00. The cashier gives her her change using the least number of coins and bills possible. How many of each coin or bill does she receive? one-dollar ...

What best determines whether a borrower’s interest rate on an adjustable rate loan goes up or down? a fixed interest rate a bank’s finances a market’s condition a person’s finances

Marco buys a watering can costing $4.57. He gives the cashier $5.00. The cashier gives him his change using the least number of coins and bills possible. How many of each coin or bill does he receive? one-dollar bills quarters

For which buyer would a lender most likely approve a $200,000 mortgage? a person with a credit score of 800 with a large amount of debt who has recently switched to a lower-paying job a person with a credit score ...

Lexi buys a rolling pin costing $4.13. She gives the cashier $5.00. The cashier gives her her change using the least number of coins and bills possible. How many of each coin or bill does she receive? one-dollar bills quarters

Which describes an example of using unsecured credit?Which describes an example of using unsecured credit? Someone buys new gutters for a home with a credit card. Someone buys a new vehicle with a loan from a car dealer. Someone buys a ...

Katy buys a book of brainteasers costing $3.81. She gives the cashier $5.00. The cashier gives her change using the least number of coins and bills possible. How many of each coin or bill does she receive? one-dollar bills quarters

Compared to paddleboards, how many times as many surfboards did Tanner buy? 1. 1 2. 2 3. 3 4. 4

Which of the following are more likely to happen if you have bad credit? Check all that apply. *being denied a mortgage *being denied an unsecured credit card *having to pay higher interest rates on loans getting a great interest ...

Manuel has a goal to learn 12 chords. To reach his goal, how many more chords does he need to learn? 0 chords 1 chord 2 chords 3 chords

Which describes an example of using unsecured credit?Which describes an example of using unsecured credit? Someone buys new gutters for a home with a credit card. Someone buys a new vehicle with a loan from a car dealer. Someone buys a ...

This week, Megan made twice as many watercolor paintings. Over both weeks, how many watercolor paintings did she make in all? A. 4 B. 6 C. 8 D. 10

This week, Megan made twice as many watercolor paintings. Over both weeks, how many watercolor paintings did she make in all? – watercolor paintings – 6 – 10 – 12 – 14

Filing for bankruptcy can make it hard for a consumer to reestablish and obtain ______.

This week, Megan made twice as many watercolor paintings. Over both weeks, how many watercolor paintings did she make in all? 0 2 4 6

A way to build good credit is: using only secured loans. taking out many lines of credit. paying bills when they are due. using only credit cards.

Megan is an artist who works with different kinds of paints. She made a bar graph to show what she painted last week. This week, Megan made twice as many watercolor paintings. Over both weeks, how many watercolor paintings did ...

Luna is concerned about the traffic on her street. She made a bar graph to show how many vehicles drove by over a 5-minute period last Sunday. Luna watched the traffic on her street again on Monday, and twice as ...

People who want to buy a house typically ask the bank for a ________ over a 10- to 30-year period

Consumers who pay more than the minimum payment on credit cards: pay less interest in the long run. are able to buy more things. see their credit scores decrease. qualify for mortgages.

Which describes the difference between simple and compound interest? Simple interest is paid on small, short-term loans, while compound interest is paid on large, long-term loans. Simple interest is paid on the principal, while compound interest is paid on the principal ...

The simple interest on a loan of $200 at 10 percent interest per year is: $10 per year until the loan is paid off. $15 per year until the loan is paid off. $20 per year until the loan is paid ...

Simple interest is paid only on the _________ ________.

For which buyer would a lender most likely approve a $200,000 mortgage? a person with a credit score of 800 with a large amount of debt who has recently switched to a lower-paying job a person with a credit score of ...

Which best describes a way people can use personal loans? to buy a house to buy a bicycle to pay for college to pay for groceries

What best determines whether a borrower’s investment on an adjustable rate loan goes up or down? a fixed interest rate a bank’s finances a market’s condition a person’s finances

A credit score is based in part on: employment and race. income and location. employment and trust. payment history and total debt.

Both mortgages and auto loans: are riskier for lenders. are riskier for borrowers. require a down payment in general. require minimum payments.

The chart shows a range of credit scores. A credit score between 500 and 600 means a consumer would most likely: find it easy to get a loan. find it hard to get a loan. get a loan with low payments. get ...

In determining whether to issue a loan, banks are not allowed to ask about an applicant’s: employment history. date of birth. country of origin. income tax returns.

Which certification is most commonly recognized in the financial industry? Certified Business Analyst (CBA) Certified Financial Planner (CFP) Chartered Financial Analyst (CFA) Chartered Financial Consultant (ChFC)

Working with a financial advisor is beneficial because… they all have the same expertise. you won’t have to know anything about your finances. they can help you plan for retirement. it’s the only way to create a budget.