Monday, April 21, 2008
Monday, April 14, 2008
Friday, April 11, 2008
Chapter 21 Key Concepts
1. You agree to kep your money deposited for a specific length of timein a____.(checkin account)
2. Only self employed workers can open a _____.(cd)
3. When you compare a checkin account statement with your check registerto make sure they agree, you are ______your checking account.(reconciling)
4. The most common type of credit vehile is a_____.(SEP)
5. Credit can be costly because of _______.(high interest rates)
2. Only self employed workers can open a _____.(cd)
3. When you compare a checkin account statement with your check registerto make sure they agree, you are ______your checking account.(reconciling)
4. The most common type of credit vehile is a_____.(SEP)
5. Credit can be costly because of _______.(high interest rates)
Review 21.3
1. Why is a credit more convenient for everyday purchase than loan?
Allwos you to make different purcahses in mant stores and most loans are mostlky used for large purcahse
2. Why is it easy for some people to get into financial trouble when they have a credit card?
Over uesage of there card
3. Why do businesses check bureaus before extending credit to individuals?
To see if pay your bills on time and have good credit
Allwos you to make different purcahses in mant stores and most loans are mostlky used for large purcahse
2. Why is it easy for some people to get into financial trouble when they have a credit card?
Over uesage of there card
3. Why do businesses check bureaus before extending credit to individuals?
To see if pay your bills on time and have good credit
Thursday, April 10, 2008
Review 21.2
1. Why might you choose a regular checking account instead of a NOW account?
Cause when you use the NOW account you have to keep a certain amount of money in the account to keep it open
2. Why might you write the amount of a check in both numerals and words?
It will help when you are balancing you check book and to make sure that you the correct amount down which you are using.
3.Why is it important to reconcile your checks register and bank statements?
To make sure that they are correct and how it should be.
Cause when you use the NOW account you have to keep a certain amount of money in the account to keep it open
2. Why might you write the amount of a check in both numerals and words?
It will help when you are balancing you check book and to make sure that you the correct amount down which you are using.
3.Why is it important to reconcile your checks register and bank statements?
To make sure that they are correct and how it should be.
Review 21.1
1. Why might someone just starting out prefer a regular savings account to a CD?
Because wen you put money in you get interest meaning your making money while your moneys in the bank
2. Explain why you should start contributing to a retirement plan as soon as you can.
To make sure yo u have enough money for retirement years.
Because wen you put money in you get interest meaning your making money while your moneys in the bank
2. Explain why you should start contributing to a retirement plan as soon as you can.
To make sure yo u have enough money for retirement years.
Monday, April 7, 2008
Subscribe to:
Posts (Atom)