7.13D Minimum Household Budgets
Flashcard
•
Mathematics
•
7th Grade
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
Student preview

15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is a minimum household budget?
Back
A minimum household budget is the least amount of money a family needs to cover essential expenses such as housing, food, transportation, and utilities.
2.
FLASHCARD QUESTION
Front
How do you calculate the total annual budget from a monthly budget?
Back
To calculate the total annual budget, multiply the monthly budget by 12.
3.
FLASHCARD QUESTION
Front
If a family has a monthly budget of $4,405, what is their total budget for one year?
Back
$4,405 x 12 = $52,860.
4.
FLASHCARD QUESTION
Front
What percentage of a budget is considered for savings?
Back
Typically, it is recommended to save at least 20% of your monthly budget.
5.
FLASHCARD QUESTION
Front
How do you determine how much each person needs to earn in a two-adult household?
Back
Divide the total household budget by the number of adults.
6.
FLASHCARD QUESTION
Front
If rent is $1,054 per month, how much would each roommate pay if they split the rent equally?
Back
Each roommate would pay $1,054 ÷ 2 = $527.
7.
FLASHCARD QUESTION
Front
What is the formula to find out how much each adult must earn to meet the budget?
Back
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
15 questions
Water Cycle
Flashcard
•
6th Grade
11 questions
6th Grade Statistics Vocabulary
Flashcard
•
6th Grade
11 questions
Monomios e Polinomios
Flashcard
•
8th Grade
10 questions
Noun suffixes -ness, -dom, -ship
Flashcard
•
7th - 8th Grade
15 questions
Math 7 3rd Nine Weeks Study Guide
Flashcard
•
6th - 8th Grade
15 questions
The New Zealand Wars
Flashcard
•
7th Grade
13 questions
Natural Disasters Flashcard Study Guide
Flashcard
•
6th - 8th Grade
11 questions
Possessive 's
Flashcard
•
KG - 5th Grade
Popular Resources on Wayground
7 questions
History of Valentine's Day
Interactive video
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
15 questions
Valentine's Day Trivia
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
Discover more resources for Mathematics
14 questions
Volume of rectangular prisms
Quiz
•
7th Grade
20 questions
Graphing Inequalities on a Number Line
Quiz
•
6th - 9th Grade
16 questions
2022 Winter Olympics Medal Table
Passage
•
6th - 8th Grade
12 questions
Add, Subtract, Multiply and divide integers
Quiz
•
7th Grade
20 questions
One Step equations addition and subtraction
Quiz
•
5th - 8th Grade
15 questions
Complementary, Supplementary, Vertical, Adjacent Angles
Quiz
•
7th Grade
15 questions
Area and Circumference of a Circle
Quiz
•
7th Grade
20 questions
Complementary, Supplementary, and Vertical Angles
Quiz
•
7th Grade