Search Header Logo
20-10 Rule Personal Finance

20-10 Rule Personal Finance

Assessment

Flashcard

Other, Life Skills

9th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

10 questions

Show all answers

1.

FLASHCARD QUESTION

Front

If your annual net income is $45,000. What is the maximum amount you could safely borrow?

Back

$9,000

2.

FLASHCARD QUESTION

Front

If your annual net income is $45,000. What is the maximum MONTHLY PAYMENT you could afford to pay?

Back

$375

3.

FLASHCARD QUESTION

Front

If your annual net income is $29,000. What is the maximum MONTHLY PAYMENT you could afford to pay?

Back

$241.67

4.

FLASHCARD QUESTION

Front

If your annual net income is $29,000. What is the maximum amount you could safely borrow? Options: $5,000, $5,200, $5,800, $6,000

Back

$5,800

5.

FLASHCARD QUESTION

Front

If your annual net income is $10,200. What is the maximum amount you could safely borrow?

Back

$2,040

6.

FLASHCARD QUESTION

Front

If your annual net income is $10,200. What is the maximum MONTHLY PAYMENT you could afford to pay?

Back

$85

7.

FLASHCARD QUESTION

Front

If your annual net income is $23,500. What is the maximum amount you could safely borrow?

Back

$4,700

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?