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Laabri

Ch 11 Test 2025

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Last updated 7 months ago
24 Nsɛmmisa
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Asemmisa {{asɛmmisaAhyɛnsode}}
1.
Draggable itemarrow_right_altCorresponding Item

kWh

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What you own

cash flow

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what you owe

Asset

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the movement of money

Liability

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the difference between your assets and liabilities

net worth

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the measurement of electricity

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2.

Andrew plays Xbox 8 hours a day, 5 days a week, during his Thanksgiving break and uses 2,000 watts each hour. If a kilowatt costs $0.42 per hour, how much does Andrew’s mom spend?

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3.

The Reyna family has a monthly income of $5,700. How much do they spend on transport?

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4.

DirecTV charges the Jackson family $55 for internet, $25 for their landline, and $85 for basic cable with Cinemax. They have a new package for all three for $105. What is the percent savings? (Round to the nearest tenth of a percent)

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5.

The Padillas’ old washer cost them $618 per year to run. The new one they purchased for $712 will save them 20% annually on energy costs. In how many years will it pay for itself? Round up to the nearest year.

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6.

The Ramos family has a monthly income of $3,200. How much do they spend on medical care?

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7.

If this family's income was $5,800, what percent is spent on mortgage or rent? Round to the nearest percent.

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8.

The Rain family uses $340 for hobbies and recreation. What is their total budget?

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9.

The water bill came to your house and the previous reading was 7,720 ccf and the new reading was 9,921 ccf. They charge $.61 ccf and said your bill was $1,081.62. Is this amount true?

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10.

What items did this individual not budget enough for? List them

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11.

TJ's July water bill listed two-meter readings. The previous reading was 1,415 ccf, and the present reading is 1,984 ccf. The city charges $.78 per ccf. What is the amount for their bill?

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12.

What items did this individual budget too much money for? List them.

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13.

Your total monthly debt is $2,705 and your gross income is $4,900. What is your debt-to-income ratio (in whole percent)?

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14.

Deven used 7,185 kWh of electricity last summer, and she was charged $2,121.55. What was he charged per kilowatt-hour of electricity? Round to the nearest cent.

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15.

Mrs. Fusi's electric bill for last year was $6,872. If she switched to balance billing, what would her payment be? Round to the nearest cent.

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16.

The picture shows your new bill reading. Your previous reading was 7,478 ccf. If your company charges $.29 per cc,f then what was your new bill?

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17.

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

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18.

The items on the left are the assets and the items on the right are liabilities. What is this person's net worth?

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19.

Total income?

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20.

Total fixed expenses?

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21.

Total Variable expenses?

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22.

total non monthly expenses (per month)?

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23.

Total expenses?

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24.

Monthly cash flow?