Pre Algebra | Senioritis

John Rhodes
July 8, 2023
Pre Algebra

Unlocking the Power of Compound Interest: How to Accelerate Your Wealth Growth through Reinvesting

Which best describes compound interest?earning interest on your interestreducing high interest rate debt firstincreasing returns through higher risktaking advantage of an employer match The term “compound interest”...

John Rhodes
July 8, 2023
Pre Algebra

Navigating the Challenges of Fluctuating Pay for Salaried Employees: Budgeting, Planning and Adjusting

Which is a drawback of being a salaried employee?Total pay varies from week to week making budgeting difficult.Fringe benefits such as health insurance are rarely provided.Work weeks...

John Rhodes
July 8, 2023
Pre Algebra

Optimize How to Avoid Overdraft Fees: The Importance of Monitoring Your Checking Account Balance

Which is the best way to avoid overdraft fees for your checking account?Wait until the day you are paid to pay any outstanding bills you have.Use credit...

John Rhodes
July 8, 2023
Pre Algebra

Prioritize Credit Card Debt Repayment: Why it’s Essential for Financial Success

Why is it often best to pay off credit card debt before other types of consumer debt or student loans?It is easier to pay off credit card...

John Rhodes
July 8, 2023
Pre Algebra

Understanding Insurance Deductibles: How They Work and Why They Are Important

What is an insurance deductible?The total amount of claims or damages the insurance covers.The amount the insured must pay before the insurer pays.The monthly payment the insurer...

John Rhodes
July 8, 2023
Pre Algebra

Optimiz

What is the grace period on a bill?The time between when the bill is issued and when payment is due.The time between when a bill is received...

John Rhodes
July 8, 2023
Pre Algebra

Maximizing Retirement Savings: Understanding the Benefits and Advantages of a 401(k) Plan

What is the purpose of a 401(k)?It is a formula used to determine how much you can spend.It is used to determine your withholding for income taxes.It...

John Rhodes
July 8, 2023
Pre Algebra

Maximize Your Credit Score: Why Keeping Credit Card Utilization Below 30% is Crucial

What is the highest credit card utilization you should have if trying to build your credit score?30%60%75%100% When it comes to credit card utilization and building your...