Consumer Math Chapter 3

5. When you spend money on something that you need or want.
7. Extra money you need to pay the lender for loaning you money.
10. Money you earn for working, or receive from investments or other sources.
12. Services such as electricity, gas and water.
14. A plan where income is equal to the sum of expenses and savings.
16. Stay the same from week to week or month to month.
22. A fee that is sometimes paid for sales work; usually a percent of the total sales price
23. An organized chart used to list things you spend money on for a certain period of time, such as a week or month.
24. To move money from one budget line to another.
25. The amount of money earned in one year or 12 months
26. the fixed pay for regular work

1. To make a guess about the future.
2. Things you must have, such as food.
3. To round to get an answer that is not exact; the answer you get when you use rounded numbers.
4. The sum of a set of numbers divided by how many numbers are in the set.
6. A record of the hours an employee works
8. The difference between your income and your total expenses.
9. Change from week to week or month to month.
11. A part of a whole, based on 100 parts
13. The amount of money earned in one week or 7 days
15. Money that is owed.
17. Things you would like but do not necessarily need.
18. A plan for spending and saving money.
19. A person who is hired to work for another person or business
20. The amount of money paid for one hour of work
21. The amount of money earned in one month
23. A person or business that gives work to another person