Archive day

January 17, 2026

415 public questions were asked on this day.

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How much is the interest if you do not pay the second month? (1 point) Responses $9.05 $9.05 $9.66 $9.66 $121.53 $121.53 $143.70 $143.70
Asked by Name 1 answer
Your original purchase price was $825.00 plus 7% sales tax. You enter into an agreement where the interest (12.5% APR) is waived for the first 12 months provided you make the required monthly payments; otherwise the inte...
Asked by Name 1 answer
Interest charged when you miss a payment is called _____. (1 point) Responses accrued interest accrued interest late interest late interest past due interest past due interest late payment interest late payment interest
Asked by Name 1 answer
A fee charged for not paying a bill is commonly called _____. (1 point) Responses a late payment/missed fee a late payment/missed fee a bad debt fee a bad debt fee accrued interest accrued interest a debtor’s fee a debto...
Asked by Name 1 answer
You have a loan for $1,000.00 at 7.65% APR. $100.00 of the loan is due each month and there is a penalty of 2% on the original amount when not paid. If you do not pay anything on the loan during the year and assuming the...
Asked by Name 1 answer
The better your credit profile is, the _____. (1 point) Responses lower your interest rate and the less you may borrow lower your interest rate and the less you may borrow higher your interest rate and the less you may b...
Asked by Name 1 answer
Interest rates on loans are determined by ____. (1 point) Responses whatever the lender wants to charge whatever the lender wants to charge your credit profile your credit profile credit bureaus credit bureaus the amount...
Asked by Name 1 answer
Question In terms of a loan, contractually means you _____. (1 point) Responses can pay the loan when you have money available can pay the loan when you have money available owe a debt and the lender can ask for repaymen...
Asked by Name 1 answer
You have a land-line telephone that costs $25.95/month plus a utilities tax of 4.5% APR. How much will you pay for your telephone use in a year? (1 point) Responses $312.57 $312.57 $311.40 $311.40 $325.41 $325.41 $479.56
Asked by Name 1 answer
Your cell phone plan is $35.98/month plus a utilities tax of 6.5% APR. During the year, you go 40 minutes over your plan at a rate of $0.35/minute. How much do you pay for the overages? (1 point) Responses $49.98 $49.98...
Asked by Name 1 answer
A person or company that allows others to borrow money is called _____. (1 point) Responses a borrowee a borrowee a lender a lender a lendee a lendee an assignor
Asked by Name 1 answer
Which of the following statements is best supported by this lesson? (1 point) Responses If you want to save money, you should stop talking to people altogether. If you want to save money, you should stop talking to peopl...
Asked by Name 1 answer
You purchase a computer for $755.00 plus 5% sales tax. You decide to finance it through the store's 0% program for six months. The terms state you must pay $50.00/month and that if you miss a payment, you will be assesse...
Asked by Name 1 answer
Suppose that you work at the Peacock Blue store for 40 hours over five days at a rate of $10.25/hour. You then quit your job. Deductions are FICA (7.65%), federal withholding (15%), and state withholding (10%). Your expe...
Asked by Name 1 answer
What is the total of your discretionary expenses? Expense Amount Mortgage $1,034.78 Utility bill $168.34 Credit card $54.21 Groceries $98.75 Khakis (not required for work) $45.88 (1 point) Responses $45.88 $45.88 $144.63...
Asked by Name 1 answer
If you have 12% withheld for federal taxes, 7% for state taxes, and FICA is 7.65%, how much are your involuntary withholdings in all if your gross pay was $1,375.00 and your net income was $725.00? (1 point) Responses $3...
Asked by Name 1 answer
You work 40 hours/week for 52 weeks and are given the option to be paid hourly or to go on salary. In which situation will you earn the most? (1 point) Responses $32,000/year $32,000/year $17.00/hour $17.00/hour $32,000/...
Asked by Name 1 answer
When you spend more than you make, you have a(n) _____. (1 point) Responses surplus surplus overage overage deficit deficit gain gain
Asked by Name 1 answer
To calculate discretionary money, you ____. (1 point) Responses calculate the difference between your gross pay and net income calculate the difference between your gross pay and net income calculate the difference betwe...
Asked by Name 1 answer
An example of a voluntary deduction is _____. (1 point) Responses charitable contributions charitable contributions federal tax withholding federal tax withholding state tax withholding state tax withholding worker’s com...
Asked by Name 1 answer
Simplify or compute. 7^-2
Asked by hi 1 answer
Salaried employees _____. (1 point) Responses are paid at an hourly rate for 40 hours/week are paid at an hourly rate for 40 hours/week make more money per hour than hourly employees make more money per hour than hourly...
Asked by Name 1 answer
Compounding interest means interest accrues _____. (1 point) Responses more quickly than simple interest more quickly than simple interest more slowly than simple interest more slowly than simple interest at the same rat...
Asked by Name 1 answer
You invest $2,000.00 in a CD for six months at 4.25% APY. How much interest will you earn? (1 point) Responses $0.43 $0.43 $2,042.06 $2,042.06 $85.00 $85.00 $42.06 $42.06
Asked by Name 1 answer
You invest $1,000.00 in one account and $3,000.00 in another account. Both accounts have the same interest rate over the same amount of time. How will the interest earned compare? (1 point) Responses They will earn the s...
Asked by Name 1 answer