Financial Literacy

Mr. Lucas bought a new lounge chair for his game room. The one he chose was $425. He had to pay a sales tax of 8.2%. What was the amount of sales tax he paid on the chair?

• $24.90
• $44.30
• $34.85
• Not Here

Tags

CCSS.7.RP.A.3

In New City, Texas, the sales tax rate is 8.15%. How is this represented as a decimal?

• 8.15
• 0.815
• 0.0815
• 0.00815

Tags

CCSS.7.RP.A.3

James bought a new digital camera for $175. He had to pay a sales tax of 7.2%. What was the total cost of the camera?

• $1830.40
• $187.60
• $11.36
• $12.60

Tags

CCSS.7.RP.A.3

Which person is most likely to be offered a loan, if the decision was solely based on their credit scores?

• M. Spiller
• B. Murphy
• S. Thorne
• W. Myers

Tags

CCSS.HSS.ID.A.2

James's initial balance in his checking account was $800.  He withdrew $200 and then deposited $164.  James made another transaction that brings his balance to $750.  What was the transaction?

• a deposit $314
• a withdrawal of $14
• a withdrawal of $414
• a deposit of $50

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Kathy worked at the library for three months.  She earned $4,500.00 and must pay a total of 15% in taxes, which includes federal withholding, Medicare, and Social Security taxes.  What is her net pay?

• $3,825.00
• $3,875.00
• $4,825.00
• $5,175.00

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

Allison purchases her college books for the upcoming semester.  She has to pay $98 for a biology book, $38 for a used poetry book, and $74 for a trigonometry book.  If the sales tax rate is 7.5%, how much tax with Allison pay?

• $7.50
• $15.75
• $14.25
• $157.50

Tags

CCSS.7.RP.A.3

Sam bought an $85.00 jacket for 40% off of the regular price.  How much did he pay for the jacket? 

• 75
• 51
• 36
• 34

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

CCSS.7.RP.A.3

Principal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?

• 95
• 105
• 125
• 135

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

The table below shows Claude's assets and liabilities.  What is the total value of his assets?

• $24,950
• $25,420
• -$24,950
• $50,370

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3