Joan Begins the Month with $100 in Her Checking Account

question 118

Multiple Choice

Joan begins the month with $100 in her checking account. When she receives a paycheck for $1,200 on the 5th of the month, she uses that paycheck to put $1,000 in her checking account, takes $80 in cash, and deposit $120 in her savings account. During the month, she spends $550 on rent and utilities, $30 on household items, $10 on a T-shirt, and $350 on food, leaving a balance of $240 in her checking account. Based on the given information, which statement accurately describes the function of Joan's money?

• A) The $120 in savings is money functioning as a store of value.
• B) Her expenditures use funds as a medium of exchange but not as a unit of account.
• C) Buying goods and services uses money as a store of value and unit of account.
• D) Depositing money in savings is using it as a medium of exchange.

Grasp the impact of environmental conditions, such as oxygen levels, on the phenotype and evolution of organisms.

Comprehend the major geological eons, eras, periods, and the significant events associated with them.

Learn about the factors increasing the likelihood of fossilization and how fossils can be used to interpret Earth's past.

Understand the role and evidence of mass extinctions in shaping the biodiversity and geology of Earth.

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Definitions:

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Proportion

The fraction of a whole that represents a part of that whole, often expressed as a percentage.

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Patterns or tendencies of individuals in how they listen to the radio, including preferences in stations, genres, and listening times.