True/False: Credit cards and debit cards are the same thing.
False
15
What is the sales tax rate in Connecticut?
6.35% on most items
15
True/False: Sales tax is the same in every state in the US.
False
15
True/False: When shopping online, the website can decide to charge you tax or not.
False
15
If you saved $20 from every paycheck, and you are paid weekly. How long would you have to save up for a new $500 ipad?
25 weeks
15
How many paychecks will you receive yearly if you are paid weekly?
52 paychecks
15
True/False: It is customary to tip your server in a restaurant in the United States.
True
15
You worked 20 hours, at a rate of $13.75 per hour. How much would your gross pay be for this period?
$275.00
15
You decided to use direct deposit for your paycheck. You check your pay stub for the week. Will your direct deposit be the amount of your gross pay or net pay?
Net pay
15
Why might your net pay be less than your gross pay?
Taxes, medical insurance, retirement contributions, social security, etc will be deducted from your gross pay.
15
In what month are taxes due to be filed by Americans?
April (April 15 is Tax day - the deadline)
15
True/False: Stores often pay a fee to credit card companies for every transaction someone pays them using a credit card.
True
15
True/False: Connecticut minimum wage is currently ...
$14.00 per hour (As of July 1, 2022)
15
Name something someone may want to save up for before purchasing.
Reasonable answers will be accepted
15
Mrs. Foley wants to purchase a new computer. Best Buy is having a sale - 15% off laptops. The original price is $499.00. How much will Mrs. Foley pay after the discount?
$424.15
15
The grocery store is running a special - 3 for $7 boxes of cereal. How much would each box cost?
