TRUE or FALSE

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

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

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

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

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

* 5. Food and rent are fixed expenses.

* 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.

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

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

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

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

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