G7- NET WORTH

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

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

• $24,950
• -$24,520
• $25,420
• $50,370

Tags

CCSS.6.NS.C.5

Charlie's net worth is -$35,354.  Which of the following is true?

• He has a positive net worth which means his assets are greater than his liabilities. 
• He has a positive net worth which means his liabilities are greater than his assets.
• He has a negative net worth which means his liabilities are greater than his assets.
• He has a negative net worth which means his assets are greater than his liabilities 

Tags

CCSS.6.NS.C.7C

Nomar's net worth is $15,354.  Which of the following is true?

• He has a positive net worth which means his assets are greater than his liabilities. 
• He has a negative net worth which means his liabilities are greater than his assets.
• He has a positive net worth which means his liabilities are greater than his assets.
• He has a negative net worth which means his assets are greater than his liabilities.

Tags

CCSS.7.NS.A.1B

Nomar's net worth is $15,354.  Which of the following is true?

• He has a positive net worth which means his assets are greater than his liabilities. 
• He has a negative net worth which means his liabilities are greater than his assets.
• He has a positive net worth which means his liabilities are greater than his assets.
• He has a negative net worth which means his assets are greater than his liabilities.

Which of the following is considered an asset?

• credit card debt
• savings
• car payoff
• student loan

Isadora rents an apartment for $1,000 a month and has a year's lease.  She owns a car that is worth $14,700.  She has a savings account of $4,750 and a credit card balance of $825.  What is her net worth?

• $19,450
• -$16,320
• $17,625
• $1,825

Tags

CCSS.7.EE.B.3

Jin's total assets are $8,794.  Her liabilities are $2,670 in credit card debt and $3,622 for a student loan.  What is her net worth?

• $6,124
• $15,086
• -$4,328
• $2,502

Tags

CCSS.7.NS.A.3

Sarah's net worth is -$650.74.  Her assets are $3,290.25.  If she increases her liabilities by $634.96, what is her net worth?

• $2,004.55
• $2,639.51
• $3,274.47

Lizzie's net worth is $3,285.22.  Her assets are $6,255.85.  What will the dollar amount of her liabilities be if she increased them by 10%?  Round to the nearest tenth.

• $297.06
• $2,679.09
• $3,267.69