Math Review- Financial Literacy

My house payment is the same every single month. This is an an example of a....

• profit
• variable expense
• fixed expense

Tags

CCSS.3.OA.D.9

Sawyer is selling bracelets. She pays $2.00 for the beads and $2.50 for the string. She sells her bracelets for $1.00.  
How much are her expenses?

• $2.00
• $2.50
• $4.50
• $5.50

Tags

CCSS.4.MD.A.2

Car payment

• Fixed
• Variable

Tags

CCSS.8.EE.C.7B

New pair of shoes

• variable
• fixed

Tags

CCSS.6.EE.A.2C

Movie ticket

• variable
• fixed

Tags

CCSS.HSF-LE.A.1B

Gwen bought an old table. She repaired it and painted, and then sold it. Gwen made this list about what she did.
• Price paid for old table: $10.00
• Cost to repair: $5.00
• Cost to paint: $7.50
• Selling price: $50.00
What was Gwen’s profit from selling the table?  

• $27.50
• $50.00
• $22.50

Tags

CCSS.7.EE.B.3

Which of these is NOT offered by a financial institution?

• Informing customers about their money and accounts.
• Telling customers how to spend their money. 
• Letting customers make withdrawals.
• Providing loans to customers. 

Which situation shows a financially responsible citizen?

•  Purchasing an expensive automobile you CANNOT afford.
• Only buying items that you CAN afford
• Throwing money out the window.
• Hiding your money under your mattress. 

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

Sally saves $25 a week for 5 weeks.  How much money will she have after saving for 5 weeks?

• $100
• $125
• $75
• $175

Tags

CCSS.3.OA.A.3

Expenses that change from month to month

• stable pricing
• fixed expenses
• irrational pricing
• variable expenses

Tags

CCSS.3.OA.D.9