Financial Algebra Final Exam

Financial Algebra Final Exam

Assessment

Quiz

12th Grade

Medium

Created by

Christian Welch

Used 22+ times

FREE Resource

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50 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

B) Budget Plan

Your budget plan is as follows: Rent (25%), Car Payment (15%), Utilities (10%) Groceries/Restaurants (15%), Personal Shopping (25%), and Savings (10%)

If your monthly paycheck is $2784, how much money goes towards Rent?

$696

$642

$69600

$742

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

B) Budget Plan

Your budget plan is as follows: Rent (25%), Car Payment (15%), Utilities (10%) Groceries/Restaurants (15%), Personal Shopping (25%), and Savings (10%)

If your monthly paycheck is $2784, how much money goes towards Car Payment?

$417

$387

$596

$311

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

B) Budget Plan

Your budget plan is as follows: Rent (25%), Car Payment (15%), Utilities (10%) Groceries/Restaurants (15%), Personal Shopping (25%), and Savings (10%)

If your monthly paycheck is $2784, how much money goes towards Utilities?

$278

$346

$519

$125

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

B) Budget Plan

Your budget plan is as follows: Rent (25%), Car Payment (15%), Utilities (10%) Groceries/Restaurants (15%), Personal Shopping (25%), and Savings (10%)

If your monthly paycheck is $2784, how much money goes towards Groceries/Restaurants?

$417

$395

$525

$178

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

B) Budget Plan-

Your budget plan is as follows: Rent (25%), Car Payment (15%), Utilities (10%) Groceries/Restaurants (15%), Personal Shopping (25%), and Savings (10%)

If your monthly paycheck is $2784, how much money goes towards Personal Shopping?

$696

$412

$837

$149

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

B) Budget Plan

Your budget plan is as follows: Rent (25%), Car Payment (15%), Utilities (10%) Groceries/Restaurants (15%), Personal Shopping (25%), and Savings (10%)

If your monthly paycheck is $2784, how much money goes towards Savings?

$278

$519

$837

$432

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A) Stock Market

You invest in 3 shares of Apple Stock for $212 each. One year later you see all three shares of stock for $247 each, How much profit did you make?

$105

$741

$636

$97

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