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Ch 11 Test 2025

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Last updated 3 months ago
24 questions
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Question 1
1.
Draggable itemarrow_right_altCorresponding Item
Asset
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What you own
Liability
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what you owe
net worth
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the movement of money
kWh
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the difference between your assets and liabilities
cash flow
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the measurement of electricity
Question 2
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?

Question 3
3.

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


Question 4
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)

Question 5
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.

Question 6
6.

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


Question 7
7.

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

Question 8
8.

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


Question 9
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?

Question 10
10.


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

Question 11
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?

Question 12
12.


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

Question 13
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)?

Question 14
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.

Question 15
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.

Question 16
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?

Question 17
17.

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

Question 18
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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Question 19
19.

Total income?

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Question 20
20.

Total fixed expenses?

Question 21
21.

Total Variable expenses?

Question 22
22.

total non monthly expenses (per month)?

Question 23
23.

Total expenses?

Question 24
24.

Monthly cash flow?