Class Lessons
Practice Test for each lesson.
www.tesmoz.com/(practice test number)
password: fluvanna
list of all test created for this class: https://testmoz.com/class/15268
www.tesmoz.com/(practice test number)
password: fluvanna
list of all test created for this class: https://testmoz.com/class/15268
Lesson 1...Percents
Percents are important in the world of finance because a person needs to know interest rates on bank accounts, interest rates on loans, dividend rates, and many more different rates to MAKE MONEY!
Percent are easy to figure in your head if you know a few basics.
1) 10% of any number...move the decimal one place to the left...10% of $200.00 is $20.00
2) 1% of any number...move the decimal two places to the left... 1% of $200.00 is $2.00
3) Multiple of 10's are easy because all you need to do is find 10% and then multiply it by the multiple of 10.
30% of $200.00 is 10% (which is $20.00) then multiply it by 3...$20.00 X 3 = $60.00
4) Single digit percentages are easy too by finding 1% and then multiplying it by the multiple
6% of $200.00 is 1% (which is $2.00) then multiplied by 6...6% of $12.00
5) Of course if it gets too complicated, just pull out your cell phone and remember that for any percentage
you move the decimal two places and then multiply. 16% of $200.00 is .16 X $200.00 = $32.00 which really isn't
that difficult to do in your head when you use 1% of $200.00 is $2.00 and then multiply it by 16.
6) Other short cuts would be knowing that 100% of any number is the whole number, 50% of any number is half,
25% is 1/4 (divided by 4), and 75% is 3/4 (divided by 4 and multiplied by 3).
7) Most of the percentages in the business world would fall between 0% and 25% which would cover bank savings
accounts (safe but very low interest) to high rates for credit cards (ouch! never carry a credit card balance...we
will learn more about credit cards)
8) Why do we want to be able to know how to do percentages in our heads? Simple, if someone is telling you that
can give you a 6% return on your investment, it would be nice to know about how much that would be quickly.
9) Click the link below for a matching test on percents.
Percents are important in the world of finance because a person needs to know interest rates on bank accounts, interest rates on loans, dividend rates, and many more different rates to MAKE MONEY!
Percent are easy to figure in your head if you know a few basics.
1) 10% of any number...move the decimal one place to the left...10% of $200.00 is $20.00
2) 1% of any number...move the decimal two places to the left... 1% of $200.00 is $2.00
3) Multiple of 10's are easy because all you need to do is find 10% and then multiply it by the multiple of 10.
30% of $200.00 is 10% (which is $20.00) then multiply it by 3...$20.00 X 3 = $60.00
4) Single digit percentages are easy too by finding 1% and then multiplying it by the multiple
6% of $200.00 is 1% (which is $2.00) then multiplied by 6...6% of $12.00
5) Of course if it gets too complicated, just pull out your cell phone and remember that for any percentage
you move the decimal two places and then multiply. 16% of $200.00 is .16 X $200.00 = $32.00 which really isn't
that difficult to do in your head when you use 1% of $200.00 is $2.00 and then multiply it by 16.
6) Other short cuts would be knowing that 100% of any number is the whole number, 50% of any number is half,
25% is 1/4 (divided by 4), and 75% is 3/4 (divided by 4 and multiplied by 3).
7) Most of the percentages in the business world would fall between 0% and 25% which would cover bank savings
accounts (safe but very low interest) to high rates for credit cards (ouch! never carry a credit card balance...we
will learn more about credit cards)
8) Why do we want to be able to know how to do percentages in our heads? Simple, if someone is telling you that
can give you a 6% return on your investment, it would be nice to know about how much that would be quickly.
9) Click the link below for a matching test on percents.
Lesson 2...Vocabulary... Basic Economics...World Economics
It is a big crazy world out there, and this course, or any course for that matter, won't be able to completely explain to you why or how things operate, because so much is dependent on economic conditions and world events. Maybe with a little understanding of the terms, it might help you realize it is not quite as mixed up as it might seem. Click the buttons below to go to the group of terms you need to understand, or if you are ready for the test, good luck.
It is a big crazy world out there, and this course, or any course for that matter, won't be able to completely explain to you why or how things operate, because so much is dependent on economic conditions and world events. Maybe with a little understanding of the terms, it might help you realize it is not quite as mixed up as it might seem. Click the buttons below to go to the group of terms you need to understand, or if you are ready for the test, good luck.
Basic Economics Practice Test Number: 806263
Economics Globalization Practice Test Number: 808285
Economics Globalization Practice Test Number: 808285
Lesson 3...Vocabulary...Governmental Economics
This course is designed to cover the basics of economics. Hopefully, these terms and concepts will give you a better understanding of our system.
This course is designed to cover the basics of economics. Hopefully, these terms and concepts will give you a better understanding of our system.
Practice Test Number: 812919
Lesson 4...Vocabulary...Business Economics
This is a continuation of the previous lessons because as you will find, all economic systems are interrelated and dependent on each other.
This is a continuation of the previous lessons because as you will find, all economic systems are interrelated and dependent on each other.
Practice Test Number: 812933
Lesson 5...Banking
Banking is the basic form most people use for savings and easy access to their money. When protected by FDIC, it is a very safe way to manage your money. Unfortunately, it does not provide very high yields, which doesn't make it a good long term investment. Understanding our banking system, and how it works is extremely important for everyone to know.
Banking is the basic form most people use for savings and easy access to their money. When protected by FDIC, it is a very safe way to manage your money. Unfortunately, it does not provide very high yields, which doesn't make it a good long term investment. Understanding our banking system, and how it works is extremely important for everyone to know.
Practice Test Number: 821269
Lesson 6...Credit
Credit is the one part of a person's financial portfolio that can create the most disastrous, life changing events in a person's life if not handled responsibly. In today's world, it is difficult to make large purchases such as a car or house without using credit. Buying online is simplified when using a credit card. But anytime a person uses any form of credit they need to understand the terms and agreements.
Credit is the one part of a person's financial portfolio that can create the most disastrous, life changing events in a person's life if not handled responsibly. In today's world, it is difficult to make large purchases such as a car or house without using credit. Buying online is simplified when using a credit card. But anytime a person uses any form of credit they need to understand the terms and agreements.
Practice Test Number: 825467
Lesson 7...Investing
There are a number of different investing tools to use that will give everyone an opportunity to increase their wealth. Remember, the higher the return, the more likely it will have a higher risk. When deciding on how you would like to invest your money, first determine your ability to handle volatility and change. Many options will be completely protected but may also come with a low rate of return.
There are a number of different investing tools to use that will give everyone an opportunity to increase their wealth. Remember, the higher the return, the more likely it will have a higher risk. When deciding on how you would like to invest your money, first determine your ability to handle volatility and change. Many options will be completely protected but may also come with a low rate of return.
Practice Test Number: 833777
Lesson 8...Insurance
Insurance is an important part of a person's financial planning. Without coverage, a person risks losing the money they have worked so hard to gain. Insurance is something you pay for and hope you never have to use. There are many types that vary for each individual depending on their needs.
Insurance is an important part of a person's financial planning. Without coverage, a person risks losing the money they have worked so hard to gain. Insurance is something you pay for and hope you never have to use. There are many types that vary for each individual depending on their needs.
Practice Test Number: 833731
Lesson 9...Earnings and Taxes
This unit will cover getting a job, different ways to earn money, filling out paperwork for a job, reading your pay check, understanding your deductions, and filling out a tax form.
This unit will cover getting a job, different ways to earn money, filling out paperwork for a job, reading your pay check, understanding your deductions, and filling out a tax form.
Practice Test Number: 833785
Lesson 10...Buying a Vehicle
This unit will cover how to shop and pay for a vehicle.
This unit will cover how to shop and pay for a vehicle.
Practice Test Number: 886453
Lesson 11...Buying a House
Buying a house in one of the biggest financial decision a person will make in their life. This unit will give you a basic understanding of the terms and process.
Buying a house in one of the biggest financial decision a person will make in their life. This unit will give you a basic understanding of the terms and process.
Practice Test Number: 833799
Lesson 12...Retirement and Estate Planning
Retirement may be years away, but a plan is necessary to assure having enough money to live comfortably after deciding not to work anymore. No one wants to talk about the end of life but it is a necessary part of financial planning to make things easier for the ones you love.
Retirement may be years away, but a plan is necessary to assure having enough money to live comfortably after deciding not to work anymore. No one wants to talk about the end of life but it is a necessary part of financial planning to make things easier for the ones you love.
Practice Test Number: 835255
Lesson 13...Money Management
Understanding how to budget your money, planning for unexpected life events, being prepared for each life cycle change, protecting your assets, looking for a job, and finding the best avenues for your financial success is important for a person to relax and enjoy life.
Understanding how to budget your money, planning for unexpected life events, being prepared for each life cycle change, protecting your assets, looking for a job, and finding the best avenues for your financial success is important for a person to relax and enjoy life.
Practice Test Number: 1329745
Lesson 14...Financial Literacy
This lesson will help students understand the basic terms in navigating other financial resources not covered in the previous lessons.
This lesson will help students understand the basic terms in navigating other financial resources not covered in the previous lessons.
Practice Test Number: 918251
Lesson 15...Review
The following tests are to show how well you remember the basic vocabulary words and concepts from each lesson.
931711
2314041
392027 (114 questions)
396381 (122 questions)
The following tests are to show how well you remember the basic vocabulary words and concepts from each lesson.
931711
2314041
392027 (114 questions)
396381 (122 questions)
Lesson 16...Real Life Concepts
These tests will show how well you connect the lessons you have covered to real world situations.
924595
610849
These tests will show how well you connect the lessons you have covered to real world situations.
924595
610849
