
Financial Literacy - Assets and Liabilities
Mathematics
7th Grade
CCSS covered
Used 21+ times

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3 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Emily created the net worth statement shown.
Based on the information in the table, what is Emily's net worth?
$107,550
$87,025
$20,525
$128,075
Tags
CCSS.6.NS.C.5
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The table shows Gillian's net worth. Assets are shown as positive numbers, and liabilities are shown as negative numbers.
Gillian's net worth is $90,500. Based on the information in the table, what is the amount of money Gillian owes for student loans?
$19,950
$12,250
$16,100
$86,650
Tags
CCSS.7.NS.A.1B
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which correctly shows a list of assets and liabilities?
Assets: mortgage, car loan, credit card debt
Liabilities: car value, home value, savings account, retirement savings
Assets: home value, car value, savings account, retirement savings, credit card debt
Liabilities: mortgage, car loan
Assets: home value, savings account, car value, retirement savings
Liabilities: credit card debt, mortgage, car loan
Assets: savings account, retirement savings, mortgage, car loan
Liabilities: home value, car value, credit card debt
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