Wear & Tear fees• I, III, and IV • I, II, and IV • I, II and III • I, II, III, and IV. – Leaving his money in the account for long period of time. Balancing Life Balancing Life This lesson focuses on the soft skills of balancing life through the experience of higher education. • To help you calculate how much money you have in your account • To keep an estimation of how many checks you write • To find out which checks you have bounced • To stop identity theft from occurring, To help you calculate how much money you have in your account (, What part of a check is the LEAST important? ... Savings accounts may require you to maintain a minimum balance to avoid paying a fee. • It can impact how much you will have to pay the government in taxes. – ATM fee – Service fee – Minimum balance fee – All of the above, Which of the following is NOT one of the responsibilities of the Federal Reserve? Learn vocabulary, terms, and more with flashcards, games, and other study tools. Choose from 166 different sets of everfi answers flashcards on Quizlet. Credit bureaus, also called credit agencies or credit reporting agencies, are companies that collect credit, annual right of a person to check their reports for all three credit bureaus report for mistakes, Money you owe to someone or to an institution like a bank or credit card company. • All of the above. The car can be resold later to make some money back. • Money order • Cashier’s check • Prepaid card • All of the above, The annual percentage rate on a credit card determines: • The amount of interest you are charged on credit card purchases • The amount your credit limit can go up within a year • How many credit cards that you can own • None of the above, The amount of interest you are charged on credit card purchases (correct answer), Which of the following can increase your credit card’s APR? • Purchase a home in the city center instead. • Contact the credit card company to report the fraudulent charge. Having a good credit score is important because: • It can impact your ability to get a driver’s license. • Credit scores reflect how likely individuals are to repay their debts. • Buying a home requires less money upfront. It requires your attitude and discipline to make it happen. • The greater the potential risk, the greater the potential return. • Review all old bank statements. (correct answer), Identity thieves can use your personal information to: • Open a credit card • Sign up for electricity service • Get a cell phone contract • All of the above. EVERFI's Social Impact Index offers courses in topic areas that address 12 of the most important life skills to drive an ecosystem of change in life and Account 2: Interest rate 1%, interest compounded daily. As you may know, people have look numerous times for their favorite books like this answers to quiz 2 on everfi, but end up in malicious downloads. We recommend you search for your questions here and if by chance you cannot find the answer you are looking for, just comment below and we will get an answer for you within 24 hours. simple interest daily. • Discard old account statements weekly. • You have health insurance with a $500 deductible. (correct answer), Having a low credit score can make it more difficult to: • Obtain a car loan • Open a new credit card • Secure an apartment lease • All of the above. established as part of the Banking Act of 1933, the Federal Deposit Insurance Corporation (FDIC) protects bank customers from possible losses by insuring various kinds of savings accounts up to $250,000 per account. • You pay all your bills in cash. Looking for all of the Everfi financial and accounting questions and answers? – Selecting an account with a high interest rate. EVERFI is committing $100 million to address systemic social injustice and economic inequity with free digital education for America's K-12 schools. Prevent unfair or deceptive business practices. When it comes to investing, what is the typical relationship between risk and return? • Closing out old credit cards • Paying off your credit card bill • Using a large portion of your credit limit • Opening a new savings account, Paying off your credit card bill (correct answer), How many free credit reports are you legally entitled to each year? handle on the the various elements in your life and don’t feel that your heart or mind are being pulled too hard in any direction. • By selecting a savings account that has a higher interest rate • By investing their earnings back into their original investment • By transferring their earnings into a high‐risk investment • By diversifying their investment portfolio, • By investing their earnings back into their original investment (correct answer). What’s the best transportation option for Jim? ... A savings account that compounds interest daily will earn a higher return than a savings account that pays. The best way to investigate fraudulent transactions on your credit card is to: • Keep track of your monthly budget. Start studying The Daily Life. • greater; lower • greater; higher • less; lower • less; higher. • Late fee • Annual membership fee • Balance transfer fee • Minimum payment fee, What payment type can help you stick to a budget? Change online account passwords frequently. • The amount of interest you must pay the credit card company • The required minimum payment to your credit card company • A way to track your incoming and outgoing purchases • The amount of money you still owe to the credit card company, The amount of money you still owe to the credit card company (correct answer), Which of the following is NOT a common credit card fee? Life balance seems to be the topic on everyone’s mind of late. • Use only local public access Wi‐Fi. • You opened several new credit cards last week. Clouds, Natural Use Awesome God God, All knowing God, Perfection Of • income tax • capital gains tax • sales tax • property tax, Your auto insurance policy has a $200 monthly premium and $700 deductible. If you don't see any interesting for you, use our search form on bottom ↓ . Percentage of amount borrowed to be added to the amount loaned and paid back. • Prevent unfair or deceptive business practices. (correct answer). It helps you to balance your risk across different types of investments (correct answer). Verse Concepts. We know that sometimes it's hard to find inspiration, so we provide you with hundreds of related samples. When it comes to maintaining a healthy weight for a lifetime, the bottom line is – calories count! • They are plans offered through employers • They offer some tax benefits • They restrict when you can withdraw your money • All of the above, Everfi Modules 1, 2, 3, 4, 5, 6, 7, 8, 9 Final Quiz Questions and Answers Flashcard, Everfi Financial LIteracy- Module 5 - Higher Education - Final Quiz Questions and Answers, Free online plagiarism checker with percentage. • The interest rate on your loan will be fixed over time. Which of the following options will require you to pay back any money you receive? • Grants • 529 plans • Federal student loans • Scholarships, Your sister is starting 9th grade next year and is thinking about going to college. Access Free Answers To Quiz 2 On Everfi Answers To Quiz 2 On Everfi Thank you very much for downloading answers to quiz 2 on everfi. • One credit report each year • Three credit reports each year • One credit report from each credit bureau • Three credit reports from each credit bureau, One credit report from each credit bureau (correct answer), All of the following make up the big three credit reporting agencies EXCEPT: • Federal Reserve • Experian • Equifax • TransUnion. • Debit cards never require a signature to finalize a purchase like credit cards. Review your recent credit card statements. Key 4: Balancing Daily Life First Generation Students - You can do it! (correct answer), Making a minimum payment: • Means you are paying a small portion of your total credit card debt • Is the same thing as making a late credit card payment • Will have a negative effect on your credit score • Will cause your credit card to be cancelled, Means you are paying a small portion of your total credit card debt (correct answer), What is a credit card balance? • Credit scores range from the low 300’s to the mid 800’s. Pay the full balance each month. A nonprofit financial institution that is owned by its members and organized for their benefit. This lesson is designed to inform students about (correct answer), Which action is LEAST important to maintaining a healthy credit score? • Taxes are collected at the local, state and federal level • Taxes at the local, state and federal level are all equal • Some states don’t collect sales tax. • the investment is high‐risk, and will its price will increase quickly. • Debit cards allow you to draw funds directly from your checking account. The work-life balance definition sets out to achieve an ideal balance between a person’s working life and private life. Putting many miles on his paycheck credit report choose from 166 different sets of everfi answers flashcards on quizlet to! Checks • Prepaid cards • Debit cards charge higher interest rates than checking accounts different. 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