WISE PRACTICE TEST 2 EXAM QUESTIONS WITH 100% CORRECT ANSWERS

WISE PRACTICE TEST 2 EXAM QUESTIONS WITH 100% CORRECT ANSWERS
Question :If a person has to pay $35 a year on each $100
borrowed, the cost in interest is
Correct answer:high
Question :When a person wins $5,000 in the lottery, the
person will
Correct answer:have to report the $5,000 to the Internal
Revenue Service (IRS) as income for that year.
Question :Which budget category is correctly matched
with its explanation?
Correct answer:Fixed expense: $120 monthly car
insurance bill
Question :The cost of car insurance is affected by the
Correct answer:kind of car owned

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