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Networth Assets/Liabilities

Networth Assets/Liabilities

Assessment

Presentation

Mathematics

7th Grade

Practice Problem

Medium

CCSS
7.EE.B.3, 6.NS.B.3, 6.NS.C.5

Standards-aligned

Created by

Elizabeth Bryan

Used 5+ times

FREE Resource

2 Slides • 4 Questions

1

Networth

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2

Types of Networth

These accounts are bad for you. Negative accounts. Money that you OWE someone.

Examples:
- Credit Cards
- Medical Bills
- Mortgage
- Car Loan
- Loans (Any type)

Liabilities

These accounts are good for you. Positive accounts. Money that you own and have currently.

Examples:
- Bank accounts
- Investments
- C.O.D.
- 401k

Assets

3

Categorize

Options (9)

Home

Car

Bank Account

401K

Savings

Student Loans

Mortgage

Credit Cards

Car Loan

Organize these options into the right categories

Assets
Liabilities

4

Math Response

What is the total for Liabilities:

Type answer here
Deg°
Rad

5

Math Response

What is the total in Assets:

Type answer here
Deg°
Rad

6

Multiple Choice

Question image

What is the Net Worth?

1

$145,500

2

$101,500

3

$247,000

4

$44,000

Networth

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