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- 1. Multiple ChoiceWhich of the following is true about banks and credit unions?They are the safest place to save money.Money can be withdrawn from banks online.Banks are a business and loan money to others to make money.All of the above.
- 2. Multiple ChoiceMy house payment is the same every single month. This is an an example of a....profitvariable expensefixed expense
- 3. Multiple ChoiceSawyer is selling bracelets. She pays $2.00 for the beads and $2.50 for the string. She sells her bracelets for $1.00.
How much are her expenses?$2.00$2.50$4.50$5.50 - 4. Multiple ChoiceCar paymentFixedVariable
- 5. Multiple ChoiceNew pair of shoesvariablefixed
- 6. Multiple ChoiceMovie ticketvariablefixed
- 7. Multiple ChoiceGwen bought an old table. She repaired it and painted, and then sold it. Gwen made this list about what she did.
• Price paid for old table: $10.00
• Cost to repair: $5.00
• Cost to paint: $7.50
• Selling price: $50.00
What was Gwen’s profit from selling the table?$27.50$50.00$22.50 - 8. Multiple ChoiceWhich of these is NOT offered by a financial institution?Informing customers about their money and accounts.Telling customers how to spend their money.Letting customers make withdrawals.Providing loans to customers.
- Answer choicesTagsAnswer choicesTags