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Revision Semester 2024

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
        Help!  

Question
Answer
wage   pay per hour  
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salary   earnings for a year  
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annual   yearly  
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fortnightly   every 2 weeks  
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3/4   3 divided by 4  
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5% of 60   5 divided by 100 times 60  
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percent means   out of 100  
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savings   money you intentionally don't spend  
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deductions   amounts or payments that come out of your pay  
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tax   an amount you pay to the government to provide education, healthcare and other services  
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medicare   the government health provider service  
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deposit   putting money into  
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withdrawal   taking money out of  
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50%   0.5  
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How many cents in a dollar?   100  
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How many weeks in a year?   52  
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How many weeks in a fortnight?   2  
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Which is better to save you money- compound or simple interest?   compound interest  
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How many months in a year?   12  
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What is another name for a bank?   Financial institution  
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What do we pay to protect the value of our cars and houses?   Insurance  
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What do we call a plan for our money?   Budget  
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What is it that lets us access and pay for items from our bank account?   Debit card  
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What is like a loan that we can use to buy everyday items when we don't have any money in our account?   Credit card  
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