U1 - U5 CONTENT REVIEW

Use the boxes provided to find the interest. Put the final answer in the blue dots. Format your answers:example $123.45example $1234.56example $0.25 $18.75 $6.04 $31.13 $7.54 Fill in the dollar amounts necessary to find the new balance of each row. Use the following format to complete the table:example $123.45example $1245.65example $0.25example -$12.34 $400.20 $990.45 $958.68 $3503.78 Play STAX Your goal is to invest your money without going broke. The investment game that lets you grow your wealth over 20 years. How high will your stax grow? Stax on stax on stax!! Answer the following questions about the game:How did you do in the Stax game?How much money did you have at the end of your 20 years?How did you decide where to invest?What were some of your investments that you made?What were some unexpected expenses that you had to manage? Money paid to support the government Sales tax Taxes Property tax Money paid on the price of retail goods purchased Sales tax Taxes Property tax Money paid each year for home or land that increases or decreases based on the value of the home or land Sales tax Taxes Property tax Money paid to the government based on your income Income tax Gross income Net income The total amount of money you earn BEFORE taxes and deductions Income tax Gross income Net income The amount of money you receive AFTER taxes and deductions are subtracted from the money you earn Income tax Gross income Net income Money put into your account Balance Withdrawal Deposit Money taken out of your account Balance Debit Deposit How much money you have in your account Balance Debit Deposit A plan for how much income will be received and how it will be spent Budget Balance Balanced budget When the total amount of income and expenses are equal each other Budget Balance Balanced budget Money you earn Expenses Income Debt Money you spend Expenses Income Debt Money owed Expenses Income Debt Total tax withheld from a paycheck Payroll tax Withdrawal Property tax Take money out of your account Payroll tax Withdrawal Property tax Need Vs. Want Need Food Water Shelter Reliable Vehicle Modest Clothing Gasoline Heat Telephone Want Fast Food Latest Smartphone Sports car Latest fashion Latest iPhone or Samsung device Movie tickets Concert tickets Spotify