Chapter 11 Review

1

The Padilla’s old washer cost them $728 per year to run. The new one they purchased for $690 will save them 20% annually in energy costs to run it. In how many years will it pay for itself? remember to round up to a full year.

1

Your room light requires 100 watts when it is used. You use your light for 5 hours per day, 6 times a week, for $0.18 per kWh? Round to the nearest cent.

1

TJ's July water bill listed two meter readings. The previous reading was 1,012 ccf, and the present reading is 1,501 ccf. The city charges $1.74 per ccf. What is the amount for their bill?

1

Direct TV charges the Guzman family $65 for internet, $19 for their landline, and $85 for basic cable with Showtime. They have a new package for all three for $132. What is the percent savings rounded to a whole percent?

1

The Rodriguez family has a monthly income of $3,800. How much do they spend on housing?

1

The Rodriguez family has a monthly income of $3,800. How much do they spend on taxes?

1

The Sanchez family uses $980 for daily spending. What is their total budget?

1

If this family's income was $4,200, what percent is spent on mortgage or rent? Round to the nearest tenth.

2

The water bill came to your house and the previous reading was 8,720 ccf and the new reading was 10,921 ccf. They charged $.61 ccf and said your bill was $1,081.62. Is this amount true/correct?

2

What items did this individual not budget enough for?

3

What items did this individual budget too much money for?

2

Your total monthly debt is $2,285 and your gross income is $4,900. What is your debt to income ratio (in whole percent)?

1

Determine which of the following items go in each category.

vacation
water bill (not on balanced billing)
car payment
gym membership
rent
personal care

Variable Expenses
Fixed Expenses

1

What is your debt-to-income ratio to the nearest tenth percent (one decimal place)?

1

Mrs. Fusi's electric bill for last year was $4,072. What would her payment be if she changed to balanced billing?

1

Deven used 7,485 kWh of electricity last summer and she was charged $1721.55. What was he charged per kilowatt-hour of electricity? Round to the nearest cent.

1

The picture shows your new bill reading. Your previous reading was 6,998 ccf. What is your new bill if your company charges $.19 per ccf?

1

Total income?

1

Total fixed expenses?

1

Total Variable expenses?

1

total non monthly expenses (per month)?

1

Total expenses?

1

The Padilla’s old washer cost them $728 per year to run. The new one they purchased for $690 will save them 20% annually in energy costs to run it. In how many years will it pay for itself? remember to round up to a full year.

Your room light requires 100 watts when it is used. You use your light for 5 hours per day, 6 times a week, for $0.18 per kWh? Round to the nearest cent.

TJ's July water bill listed two meter readings. The previous reading was 1,012 ccf, and the present reading is 1,501 ccf. The city charges $1.74 per ccf. What is the amount for their bill?

Direct TV charges the Guzman family $65 for internet, $19 for their landline, and $85 for basic cable with Showtime. They have a new package for all three for $132. What is the percent savings rounded to a whole percent?

The Rodriguez family has a monthly income of $3,800. How much do they spend on housing?

The Rodriguez family has a monthly income of $3,800. How much do they spend on taxes?

The Sanchez family uses $980 for daily spending. What is their total budget?

If this family's income was $4,200, what percent is spent on mortgage or rent? Round to the nearest tenth.

The water bill came to your house and the previous reading was 8,720 ccf and the new reading was 10,921 ccf. They charged $.61 ccf and said your bill was $1,081.62. Is this amount true/correct?

What items did this individual not budget enough for?

What items did this individual budget too much money for?

Your total monthly debt is $2,285 and your gross income is $4,900. What is your debt to income ratio (in whole percent)?

Determine which of the following items go in each category.

What is your debt-to-income ratio to the nearest tenth percent (one decimal place)?

Mrs. Fusi's electric bill for last year was $4,072. What would her payment be if she changed to balanced billing?

Deven used 7,485 kWh of electricity last summer and she was charged $1721.55. What was he charged per kilowatt-hour of electricity? Round to the nearest cent.

The picture shows your new bill reading. Your previous reading was 6,998 ccf. What is your new bill if your company charges $.19 per ccf?

Total income?

Total fixed expenses?

Total Variable expenses?

total non monthly expenses (per month)?

Total expenses?

Monthly cash flow?