Tuesday, April 22, 2008
Monday, April 21, 2008
week 32 work schedule
monday 1:30-6:30
tuesday 1:30-6:30
wednesday 1:30-6:30
thursday 1:30-6:30
friday 1:30-6:30
saturday OFF
sunday OFF
I may have to call in one day this week if Vogue can schedule an appointment for me to come and tour the school and talk about enrollment. I wouldnt make the appointment knowing that I have to work, but alot of scholarship applications are asking for proff of enrollment before they will give out a scholarship. I will let you know the day before if i have to call in.
tuesday 1:30-6:30
wednesday 1:30-6:30
thursday 1:30-6:30
friday 1:30-6:30
saturday OFF
sunday OFF
I may have to call in one day this week if Vogue can schedule an appointment for me to come and tour the school and talk about enrollment. I wouldnt make the appointment knowing that I have to work, but alot of scholarship applications are asking for proff of enrollment before they will give out a scholarship. I will let you know the day before if i have to call in.
Monday, April 14, 2008
Basic Math
13. Steve's bank pays an annual intrest rate of 2.8 percent on savings accounts. The intrest is compounded monthly. If Steve deposits $1,000 in a savings account, how much intrest will he earn in three months?
month 1 $1000*.028= $28.00
month 2 $1028*.028= $28.78
month 3 $1056.784*.028= $29.59
total intrest= $86.37
month 1 $1000*.028= $28.00
month 2 $1028*.028= $28.78
month 3 $1056.784*.028= $29.59
total intrest= $86.37
Chapter 21 Key Concepts
2. You agree to keep your money deposited for a specific length of time in a CD.
3. Only self-employeed workers can open a KEOGH PLAN
4. When you compare a checking account statement with your check register to make sure they agree, you are RECONCILING your checking account.
5. The most common type of credit vehicle is a CREDIT CARD.
6. Credit can be costly because of HIGH INTREST RATES.
3. Only self-employeed workers can open a KEOGH PLAN
4. When you compare a checking account statement with your check register to make sure they agree, you are RECONCILING your checking account.
5. The most common type of credit vehicle is a CREDIT CARD.
6. Credit can be costly because of HIGH INTREST RATES.
week 33 work schedule
monday 1:30-6:30pm
tuesday 1:30-6:30pm
wednesday 9:30-6:30 pm
thursday 1:30-5:30pm
friday 1:30-6:30pm
saturday OFF
sunday OFF
tuesday 1:30-6:30pm
wednesday 9:30-6:30 pm
thursday 1:30-5:30pm
friday 1:30-6:30pm
saturday OFF
sunday OFF
Friday, April 11, 2008
Chapter 21 vocabulary
1. dividend- sharing of a funds profits
2. CD- you can deposit a fixed amount of money into an account
3. 401K- a specific amount of your salary goes into an account
4. Individual requirement account- a personal retirement account to which you cn put a limited amount of money.
5. keogh plan- you can invest up to 20% of your yearly earnings each year for retirement.
6. SEP- Another retirement plan
7. endorse- to sign the back of a check
8. check register- a small book for tracking your account
9. reconcile- to make agree
10. EFT- the transfer of money from one bank account to another.
11. Online Banking- lets you manage your acocunt from your personal computer.
12. Credit- a sum of money a person can use before paying it back later.
13. spplication fee- the amount of money charged to apply for a credit card.
14. down payment- a sum paid at the time of purchase.
15. finance charge- a fee based on the amount of money you owe.
16. APR- The yearly cost of the oan, expressed as a precentage.
17. Credit Bureau- AN agency that collects information on how promptly people and businesses pay their bills.
2. CD- you can deposit a fixed amount of money into an account
3. 401K- a specific amount of your salary goes into an account
4. Individual requirement account- a personal retirement account to which you cn put a limited amount of money.
5. keogh plan- you can invest up to 20% of your yearly earnings each year for retirement.
6. SEP- Another retirement plan
7. endorse- to sign the back of a check
8. check register- a small book for tracking your account
9. reconcile- to make agree
10. EFT- the transfer of money from one bank account to another.
11. Online Banking- lets you manage your acocunt from your personal computer.
12. Credit- a sum of money a person can use before paying it back later.
13. spplication fee- the amount of money charged to apply for a credit card.
14. down payment- a sum paid at the time of purchase.
15. finance charge- a fee based on the amount of money you owe.
16. APR- The yearly cost of the oan, expressed as a precentage.
17. Credit Bureau- AN agency that collects information on how promptly people and businesses pay their bills.
Review 21.3
1. Why is a credit card more convenient for everyday purchases than a loan?
- Because you can carry the card with you snd use it as needed, as apposed to a loan.
2. Why is it easy for some people to get into financial trouble when they have credit cards?
- Because a person can overuse it.
3. Why do businesses check with credit bureaus before extending credit to individuals?
- To make sure that they have a good credit history.
- Because you can carry the card with you snd use it as needed, as apposed to a loan.
2. Why is it easy for some people to get into financial trouble when they have credit cards?
- Because a person can overuse it.
3. Why do businesses check with credit bureaus before extending credit to individuals?
- To make sure that they have a good credit history.
Review 21.2
1. Why might you choose a regular account instead of a NOW account?
- Because with a regular acocunt, it doesnt often require a minimum balance and a NOW account does.
2. Why must you write the amount on a check in both numerals and words?
- so the bank can be sure that he or she is reading the amount right on the check.
3. Why is it imporntant to reconcile your check register and bank statement?
- To make sure that they match up just as they should. This is a way to better keep track of your money.
- Because with a regular acocunt, it doesnt often require a minimum balance and a NOW account does.
2. Why must you write the amount on a check in both numerals and words?
- so the bank can be sure that he or she is reading the amount right on the check.
3. Why is it imporntant to reconcile your check register and bank statement?
- To make sure that they match up just as they should. This is a way to better keep track of your money.
Review 21.1
1. Why might someone who is just starting out prefer a regular savings account to a CD?
- Because if you are just starting out, you dont know exactly how much money you are going to be making, so it wouldnt be smart to put a fixed amount into a CD.
2. Explain why you should start contributing to a retirement plan as soon as you can.
- Becuase social security, even combined with retirement plans from your employer rarely provides sufficient income for the retirement years.
- Because if you are just starting out, you dont know exactly how much money you are going to be making, so it wouldnt be smart to put a fixed amount into a CD.
2. Explain why you should start contributing to a retirement plan as soon as you can.
- Becuase social security, even combined with retirement plans from your employer rarely provides sufficient income for the retirement years.
Monday, April 7, 2008
week 30 work schedule
monday 1:30-6:30
tuesday 1:30-6:30
wednesday 1:30-6:30
thursday 1:30-6:30
friday 1:30-6:30
saturday OFF
sunday OFF
tuesday 1:30-6:30
wednesday 1:30-6:30
thursday 1:30-6:30
friday 1:30-6:30
saturday OFF
sunday OFF
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