Unit 10 Quiz

Last updated 11 months ago

6 questions

Question 3

Kayla wants to buy a gift for her parents. It is $50.75 and is 20% off.
What is the new price that Kayla can expect after the discount?

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Unit 10 Quiz

Last updated 11 months ago

6 questions

Question 1

Classify each $ amount as an asset or a liability.

	Assets	Liabilities
Checking Account $2,540
Investments $6,000
Credit-Card Debt -$800
Student Loans -$1,500
Savings $200
Car (Present Value) $3,200

Question 2

Mr. Elliot is meeting with a financial planner. He brings the following information in order to create a net worth statement. Drag the items to the correct Section.

$8,740
$11,940
-$2,300
-$5,500
$9,640
-$9,640
$6,440
-$6,440

What is the total for Assets?
What is the total for Liabilities?
What is the Net Worth?

Question 3

Kayla wants to buy a gift for her parents. It is $50.75 and is 20% off.
What is the new price that Kayla can expect after the discount?

Question 4

A local service technician charges $149 for repairs and a 7% sales tax. 

How much is the tax for these charges? __________

How much is the total cost of these charges?__________

Question 5

A budget is shown below:

What percent of the budget is allocated to savings?
*Make sure to put the sign

Question 6

Jameson is seeking a loan with a simple interest of 3% per year. If he wants to borrow $8,000, then how much will he be charged in INTEREST the next 4 years?

$1,280.00

$960.00

$240.00

$9,600.00

Question 1

Classify each $ amount as an asset or a liability.

	Assets	Liabilities
Checking Account $2,540
Investments $6,000
Credit-Card Debt -$800
Student Loans -$1,500
Savings $200
Car (Present Value) $3,200

Question 2

Mr. Elliot is meeting with a financial planner. He brings the following information in order to create a net worth statement. Drag the items to the correct Section.

$8,740
$11,940
-$2,300
-$5,500
$9,640
-$9,640
$6,440
-$6,440

What is the total for Assets?
What is the total for Liabilities?
What is the Net Worth?

Question 4

A local service technician charges $149 for repairs and a 7% sales tax. 

How much is the tax for these charges? __________

How much is the total cost of these charges?__________

Question 5

A budget is shown below:

What percent of the budget is allocated to savings?
*Make sure to put the sign

Question 6

Jameson is seeking a loan with a simple interest of 3% per year. If he wants to borrow $8,000, then how much will he be charged in INTEREST the next 4 years?

$1,280.00

$960.00

$240.00

$9,600.00

Unit 10 Quiz

Kayla wants to buy a gift for her parents. It is $50.75 and is 20% off. What is the new price that Kayla can expect after the discount?

Unit 10 Quiz

Classify each $ amount as an asset or a liability.

Mr. Elliot is meeting with a financial planner. He brings the following information in order to create a net worth statement. Drag the items to the correct Section.

Kayla wants to buy a gift for her parents. It is $50.75 and is 20% off. What is the new price that Kayla can expect after the discount?

A budget is shown below:What percent of the budget is allocated to savings? *Make sure to put the sign

Jameson is seeking a loan with a simple interest of 3% per year. If he wants to borrow $8,000, then how much will he be charged in INTEREST the next 4 years?

Classify each $ amount as an asset or a liability.

Mr. Elliot is meeting with a financial planner. He brings the following information in order to create a net worth statement. Drag the items to the correct Section.

A budget is shown below:What percent of the budget is allocated to savings? *Make sure to put the sign

Jameson is seeking a loan with a simple interest of 3% per year. If he wants to borrow $8,000, then how much will he be charged in INTEREST the next 4 years?

Kayla wants to buy a gift for her parents. It is $50.75 and is 20% off.
What is the new price that Kayla can expect after the discount?

Kayla wants to buy a gift for her parents. It is $50.75 and is 20% off.
What is the new price that Kayla can expect after the discount?

A budget is shown below:

What percent of the budget is allocated to savings?
*Make sure to put the sign

A budget is shown below:

What percent of the budget is allocated to savings?
*Make sure to put the sign