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Justin just found a job with a take-home pay of $2,000 per month. He
must pay $800 for rent and $200 for groceries each month. He also
spends $200 per month on transportation. If he budgets $100 each month
for clothing, $150 for restaurants and $250 for everything else, how long
will it take him to accumulate savings of $900. - ANSWERS-3 months
Many young people receive health insurance benefits through their
parents. Which of the following statements is true about health insurance
coverage? - ANSWERS-If your parents become unemployed, your
insurance coverage may stop, regardless of your age.
Mike and Dave work together in the finance department of the same
company and earn the same pay. Mike spends his free time taking work-
related classes to improve his computer skills; while Dave spends his
free time socializing with friends and working out at a fitness center.
After five years, what is likely to be true? - ANSWERS-Mike will make
more money because he is more valuable to his company.
If your credit card is stolen and the thief runs up a total debt of $1,000,
but you notify the issuer of the card as soon as you discover it is missing
what is the maximum amount that you can be forced to pay according to
Federal law? - ANSWERS-$50
WISE PRACTICE LATEST
EXAM
