TRUE or FALSE

Read the following statements and indicate whether they are TRUE or FALSE

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* 1. Enter your Last Name and First Initial. Ex.(Trump, D.)

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* 2. The fee for a check that has insufficient funds is between $15.00 and $20.00.

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* 3. It is cheaper to cash your payroll check at a cashing check store than to cash it at your own personal bank.

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* 4. A financial penalty is attached when you withdraw a CD before its maturity date.

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* 5. Food and rent are fixed expenses.

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* 6. One of the factors that affect the amount of rent charged for an apartment is whether or not the apartment has an air conditioning unit.

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* 7. Net income is the total income you bring home in your paycheck.

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* 8. Most apartments/houses require a security deposit when you want to rent.

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* 9. Generally, with investing, the higher the risk the higher the potential return.

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* 10. In context of credit cards, APR stands for “adjustable price revenue”.

T