HURRY!!! PLEASE HELP WITH QUESTIONS!!!! WILL MAKE BRAINIEST ANSWER!!!!

THESE ARE ALL THE ONES I GOT WRONG/W WRONG ANSWER!!!


1.Lauren has gross pay of $765 and federal tax withholdings of $68. Determine Lauren's net pay if she has the additional items withheld: Social Security tax that is 6.2% of her gross pay Medicare tax that is 1.45% of her gross pay State tax that is 22% of her federal tax

A.$691.52

B.$666.21

C.636.98-NOT THE ANSWER

D.$623.52


2.Trevor’s total employment compensation is $33,500. If Trevor has no job expenses and his gross pay is $28,600, then his total employee benefits are _____% of his gross pay.

A.4.9

B.8.5

C.14.6-NOT THE ANSWER

D.17.1


3.Which of the following items may be a good consideration in selecting a bank?

I. The bank sends a representative to the local mall to promote new applications.

II. Number of ATMs or bank branches near where you live, shop, work, or travel.

III. Knowledge of personal usage habits and needs.

A.I and II

B.II and III

C.I and III

D.I, II and III- NOT THE ANSWER


4.When choosing a bank, why might ATM availability be valuable to someone who values convenience over cost?

A.ATM's allow you to conduct bank transactions without going to the bank, so a bank without ATM's will require you to come in to the main office for everything.-NOT THE ANSWER

B.Checks are deposited in ATM's, so some retailers will not accept checks from a bank without ATM service.

C.A greater availability of ATM's may make it easier to do bank transactions. Someone may choose this availability over a higher savings interest rate.

D.ATM cards double as debit cards, so a bank without ATM service cannot issue debit cards.


5.Assume that you are going to open a checking account. You are examining different banks and banking accounts to choose a bank account for your needs. Which of the following statements should not be one of your reasons for examining different banks?

A.Being more informed leads to being better prepared to make financial decisions.-NOT THE ANSWER

B.Bank E offers you a chocolate bar for filling out an application for checking and credit at the same time.

C.Banks could have charges that you do not know about until reading carefully.

D.You will become more aware of how well the banks meet your particular needs.


6. Which of the following is not something that you could do with a normal checking account?

A.Deposit cash into your account.

B.Demand in writing that money be paid to another person from your account.-NOT THE ANSWER

C.Give permission to a merchant to demand money from your account.

D.Make purchases or get cash now, and pay back the bank in monthly payments.


7.A point of sale transaction occurs when an ATM withdrawal is made.


Please select the best answer from the choices provided

T-THIS IS THE CORRECT ANSWER ON E2020

F


8.Elizabeth has $252.00 in her account on Sunday. Over the next week, she makes the following changes to her balance via deposits and purchases:

Day

Debit ($)

Credit ($)

Monday

114.60

150.00

Tuesday

79.68


Wednesday

161.39


Thursday

57.40


Friday

22.85

75.00


Saturday

140.55

On what day does Elizabeth first get charged an overdraft fee?

A.Wednesday

B.Thursday

C.Friday-NOT THE ANSWER

D.Saturday


9.Consider the following incomplete deposit ticket:

What was Art’s total deposit? 1st deposit picture

A.$1,701.23

B.$1,545.83

C.$1,856.63- NOT THE ANSWER

D.$1516.35


10.