Sample Item You just received your first credit card, so you bought a stereo for $400. Your credit card has an interest rate of 15%, and you decide to make $80 payments each month. How many months will it take you to pay off? A) 5 months B) 6 months C) 7 months D) 8 months Answer: B Foundations for Success Strand Standard NEFE High School Financial Planning MA.912.F.4.8 Learning Objective/Benchmark JROTC Crosswalk Relate insurance to current and future personal needs For Instructor Use: U3C11L6 Item Type Multiple Choice, Short Answer The student will determine how insurance works. Learning Objective Clarification The student will classify general types of insurance, including health, property, life, disability, and liability. The student will research the costs associated with insurance coverage. The student will define key words: deductible, insurance, insurance premium, risk management. Content Focus NEFE Insurance: Protecting What You Have – Items must be limited to passages or graphics be limited to Army Content Limits JROTC LET-4 appropriate curriculum.
Sample Item You just received your first credit card, so you bought a stereo for $400. Your credit card has an interest rate of 15%, and you decide to make $80 payments each month. How many months will it take you to pay off? A) 5 months B) 6 months C) 7 months D) 8 months Answer: B Strand Foundations for Success Standard NEFE High School Financial Planning Learning Objective/Benchmark MA.912.F.4.8 JROTC Crosswalk Relate insurance to current and future personal needs For Instructor Use: U3C11L6 Item Type Multiple Choice, Short Answer Learning Objective Clarification The student will determine how insurance works. The student will classify general types of insurance, including health, property, life, disability, and liability. The student will research the costs associated with insurance coverage. The student will define key words: deductible, insurance, insurance premium, risk management. Content Focus NEFE – Insurance: Protecting What You Have Content Limits Items must be limited to passages or graphics be limited to Army JROTC LET-4 appropriate curriculum.