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Personal Finance Quiz 2

Authored by Ron Jaegle

Mathematics

9th - 12th Grade

CCSS covered

Used 5+ times

Personal Finance Quiz 2
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9 questions

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1.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

SKILL CHECK - Evaluate for a= -2 and b=4

 2a3(b1)2a-3\left(b-1\right)  

-8

-10

-13

-15

2.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

What is the APR (Annual Percentage Rate) for a credit card that charges 2% monthly interest?

2%

12%

0.17%

24%

3.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Mike put $1200 dollars into a savings account that pays 2.25% annual interest. How much will be in the account after 2 years?

$1254.61

$54

$1202.25

$1227.00

4.

FILL IN THE BLANK QUESTION

10 mins • 1 pt

You have two options for your summer job, a lifeguard at the park district pool or as a server at a local restaurant. The hourly rate for the lifeguard is $10.25 and the hourly rate for the server at the restaurant is $6.00. However, the restaurant worker averages $20 in tips per five-hour shift.

Calculate your gross paycheck for a 30-hour week as a lifeguard.

5.

FILL IN THE BLANK QUESTION

10 mins • 1 pt

You have two options for your summer job, a lifeguard at the park district pool or as a server at a local restaurant. The hourly rate for the lifeguard is $10.25 and the hourly rate for the server at the restaurant is $6.00. However, the restaurant worker averages $20 in tips per five-hour shift.

Calculate your gross paycheck for working 6 five-hour shifts as a server at the restaurant (don't forget to include tips).

6.

FILL IN THE BLANK QUESTION

10 mins • 1 pt

You have two options for your summer job, a lifeguard at the park district pool or at a local restaurant. The hourly rate for the lifeguard is $10.25 and the hourly rate for the server at the restaurant is $6.00. However, the restaurant worker averages $20 in tips per five-hour shift.

Calculate your gross paycheck for working a 50-hour week as a lifeguard. This means 40 hours at regular pay and 10 hours of overtime pay (paid at 1.5 times the hourly rate).

7.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Media Image

 Which inequality can be represented by the graph?

x < 5
x > 5
x ≤  5
x ≥ 5

Tags

CCSS.6.EE.B.8

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