Financial Literacy - 14 Things To Know.

Alicia Martin’s savings account has a principal of $1,200. It earns 6% interest. How much simple interest will she earn after 9 months?

Alicia Martin’s savings account has a principal of $1,200. It earns 6% interest compounded quarterly. How much compound interest will she earn after 9 months?

The general term used to describe money received for college/higher education

Money from nonprofit and private organizations that do not need to be repaid.

Emergency funds are calculated based on:

What happens to the car's value after you drive it off the lot?

When you want something you should always get it?

The goal of a budget is _________________.

Paying the minimum payment on a credit card every month will:

What is the most important factor of a credit score?

Bankruptcy can stay on your credit report for up to:

Applying for a credit card only affects your credit score if you use the card.

After this lesson I know how to make good financial decisions after graduation.