Browse Finance resources and answers on Quizzma.
Your friend asks you to make friendship bracelets and will give you 6 nickels for the first bracelet. You agree to help if she multiplies your payment by 6 for each bracelet completed. After 2 bracelets, you will receive 36 nickels, and…
Read more →Jack is finding 2/5 × 9/7. Select the phrases that make the statement about the product true. The product will be ____ and ____.
Read more →Jesse spends 1/2 of his pocket money on Monday. On Tuesday, he spends 3/4 of what is left. On Wednesday, he spends 1/4 of what remains. What fraction of the pocket money does he have left? Choose the most reasonable answer. 1/3 6/6 4/3 1/8
Read more →You earn $9 per hour. Which equation shows the relationship between the time worked in hours, t, and the money earned in dollars, m? t = 9m m = 9t m = \(\frac{1}{9}t\) m = -9t
Read more →A store sells socks at $3 per pair. Complete the table to show the prices you would pay for different numbers of pairs of socks. 1 2 4 9 18 15 Pairs of Socks DRAG AND DROP AN ITEM HERE DRAG AND DROP AN ITEM HERE Cost ($) 3 12 DRAG AND…
Read more →What is the most useful next step? Take away the remaining three $100 bills because they cannot be divided. Trade in each remaining $100 bill for $10 bills and try to divide those. Add 3 hundreds plus 1 ten plus 4 ones to get the answer.…
Read more →$40.50 that two friends earned mowing a lawn. They want to share the money equally. Drag the money below to show how much each friend will get. Amount each friend pays
Read more →Miranda is buying yarn so she can crochet scarves for her family. She likes the Furry Fibers brand best. At the store, she finds a 7-ounce roll of Furry Fibers yarn for $8.33 and a 16-ounce roll for $18.72. Which size roll is the better…
Read more →Michael, who really likes to have a bag of chips with his lunch, is comparing chip prices at the store. He can buy a 10-pack of Double Cheese Crisps for $7.80 or a 15-pack of Cheddar Skins for $11.85. Which brand costs less per bag?
Read more →Chase is comparing music subscription prices. A 12-month subscription with All Ears costs $91.80, and a 3-month subscription with Press Play costs $19.35. Which service costs less per month?
Read more →What might be one reason why a stock becomes more valuable over time? Answer Options: A. The industry is growing. B. The company is well-managed. C. There is a lot of demand for the product. D. All of the above.
Read more →A ______ is a small piece of ownership in a company. Answer Options: A. Bond B. Mutual fund C. Derivative D. Stock
Read more →If Chris has car liability insurance, what damage would he be covered for? Answer Options: A. Repairing damage to his own car that was caused by storms or theft. B. Repairing damage to his own car if he got into an accident that was his…
Read more →In addition to paying $100 per month for health insurance, Janine is responsible for paying her first $500 of medical bills every year before her insurance covers any costs. The $500 Janine must pay is called the: Answer Options: A.…
Read more →When deciding how to invest your money, which of the following is LEAST important to know? Answer Options: A. The expected rate of return on your investment. B. How risky the investment is. C. Whether or not deposits can be made online.…
Read more →Which of the following statements about health insurance is FALSE? Answer Options: A. People use insurance to reduce their risk of having very large medical expenses. B. Insurance plans with different premiums and deductibles let you…
Read more →Over time the average rate of return on stocks is: Answer Options: A. Less than 2%. B. 3%. C. 4%. D. More than 5%.
Read more →Someone is retiring next year. What would be an appropriate amount of risk to take with their investments? Answer Options: A. Highest risk, highest growth B. Medium risk, medium growth C. Lower risk, lower growth D. No risk. Just savings…
Read more →________ are loans to a company or government for a set amount of time. They earn interest and are considered low-risk investments. Answer Options: A. Mutual funds B. Derivatives C. Bonds D. Stocks
Read more →Which of the following is the BEST reason to use cash for making purchases? Answer Options: A. Knowing what you have spent your money on is simple. B. Keeping track of how much you have spent is simple. C. Splitting bills with friends is…
Read more →Which of the following is the BEST reason to use cash for making purchases? Answer Options: A. Knowing what you have spent your money on is simple. B. Keeping track of how much you have spent is simple. C. Splitting bills with friends is…
Read more →What is the best strategy to avoid paying interest on your credit cards? Answer Options: A) Make payments online. B) Pay the minimum balance each month. C) Pay the full balance each month. D) Have credit cards from two different banks.
Read more →What is the problem with paying only your minimum credit card balance each month? Answer Options: A) It lowers your credit score B) You have to pay interest C) The bank will cancel your credit card D) All of the above
Read more →Rhonda and Amir are both shopping for sunglasses. Use the drop-down menus to complete the statements about Rhonda’s and Amir’s purchases. Statements with Blanks: Rhonda’s estimate was $____ off the actual cost of $20. That is a percent…
Read more →What is a parent loan Everfi answer?
Read more →Why is it possible that you may get less money than the loan amount you have borrowed? Options: A) You may not qualify for the full amount. B) Fees can be subtracted from the borrowed amount. C) Interest charged on loans can reduce the…
Read more →If a person qualifies, why is it better to accept a subsidized loan before an unsubsidized loan? Options: A) Subsidized loans are in your parent’s name which means you do not have to pay them back. B) The accrued (or added) interest on a…
Read more →Which of the following is NOT a component of a budget? Giving Income Saving Credit score
Read more →What is a risk of using cash?
Read more →Tyreke has $5,000 to put into an account that earns compound interest. Which of the following is the BEST advice you can offer so that he can maximize interest?
Read more →Daisy reads her bank statement and finds an error. She should… The answer choices are: Do nothing. The bank will correct the error at the end of the month. Call the FDIC. She is insured up to $250,000. Call the bank. The bank will…
Read more →Which of the following is usually a benefit of being a member at a credit union? The answer choices are: Higher interest rates and lower fees Lower interest rates and higher fees Lower interest rates and lower fees Higher interest rates…
Read more →Tyrone’s hourly wage is $18 and his net pay is 72% of his earnings. Tyrone spends about $1,800 on his monthly expenses. If Tyrone works 40 hours per week and has no other sources of income, what is his total monthly cash inflow? (Hint:…
Read more →Justin is married with one child. He works 40 hours each week at a rate of $16 per hour. His wife began working part time after their daughter was born, but still contributes about $350 to the cash inflow each month. Their monthly cash…
Read more →Jim and Jackie are married with three children at home and a mortgage. Jim’s net pay per year is $67,000 and Jackie does not have income. Their mortgage payment of $2,800 includes insurance on their home. They have additional monthly…
Read more →Glenda bought a new car with monthly payments of $357. Glenda manages to make her monthly car payments each month, but fails to perform the routine maintenance, like regular oil changes, because of the cost. To ensure that regular…
Read more →Mariah is single and has a monthly disposable income of $3,200. Her monthly cash outflow is approximately $2,800. Mariah includes contributions to a retirement plan and money for investments as part of her cash outflow. She has car…
Read more →An increase in corporate bonds purchased is not an example of fiscal policy
Read more →A profit-maximizing monopoly’s total revenue is equal to a. p5 × q3. b. (p5 − p4) × q3. c. (p5 − p3) × q3. d. p4 × q5.
Read more →What do you understand by Casual Income? How are they treated under the Income Tax Act?
Read more →What is the result of an increase in accounts payable during a period? Expenses on an accrual basis are greater than expenses on a cash basis. Revenues on an accrual basis are less than revenues on a cash basis. Expenses on an accrual…
Read more →Production and sales estimates for June are as follows
Read more →A New York City daily newspaper called Manhattan Today charges an annual subscription fee of $216. Customers prepay their subscriptions and receive 200 issues over the year. To attract more subscribers, the company offered new subscribers…
Read more →As a rule, during “tight money” periods: Multiple select question. availability of long term funds should not be affected. rates on short term loans may become very high interest rates will generally decline short term funds may be…
Read more →Purchase land for cash: A. has no cash flow effect. B. represents a cash outflow. C. represents a cash inflow.
Read more →Paid cash dividend to shareholders: A. represents a cash inflow. B. has no cash flow effect. C. represents a cash outflow.
Read more →Lending money and collecting the loans are: A. Non-cash investing and financing activities. B. operating activities. C. financing activities. D. investing activities.
Read more →Jesse works for an engineering firm earning $54,000 per year. Jesse is 53 years old and plans on retiring at age 65. He’s considering working part-time so that he can work on another degree. His new degree would take him 3 years to earn…
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