Budget and Net Worth 7.13B 7.13C 7.13D

In Oscar's monthly budget, each category is assigned a certain percentage of his monthly income. Oscar's monthly income is $2,250. Which statement is NOT supported by the information in the table?

• Oscar puts $360 of his monthly income into savings.

• Less than $900 of Oscar's monthly income is for his house payment and life insurance.

• Oscar budgets $485 of his monthly income for telephone, utilities, and emergencies.

• More than $530 of Oscar's monthly income is for his car payment abd car insurance.

Felicia earns $800 a month. The table shows her monthly budget. Which statement is supported by the information in the table?

• Felicia spends 10% of her monthly budget on clothes and food.

• Felicia spends 24% of her monthly budget on her car payment.

• Felicia spends 20% of her monthly budget on college savings.

• Felicia spends 50% of her monthly budget on her car payment and cell phone.

Maria's monthly income is $2,000. The table displays the different categories in Maria's monthly budget and the amount of money she spends in each category. Which statement is no supported by the information in the table?

• More than $\frac{1}{2}$ of Maria's monthly income is spent on rent.

• Maria puts 15% of her monthly income into savings.

• More than $\frac{1}{4}$ of Maria's income is spent on utilities, cable, and groceries.

• Maria spends 14% of her monthly income on her cell phone and other expenses.

Phillip created the net worth statement shown. Based on the information in the statement, what is Phillip's net worth?

• $184,500

• $41,500

• $-\text{}$ $71,500

• $-$ $41,500

The table shows Peter's net worth statement. Assets are shown as positive numbers, and liabilities are shown as negative numbers. The value of Peter's house is not given. Peter's net worth is $101,800. Based on the information in the table, what is the current value of Peter's house?

• $58,600

• $78,300

• $98,000

• $82,100

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

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

What percent of Sherri's total monthly budget is put into savings?

• 15%

• 8%

• 12.5%

• 25%

Tags

CCSS.6.EE.B.7

CCSS.6.RP.A.3

What percent of Sherri's total budget is put into cable and cell phone?

• 5%

• 9%

• 13%

• 17%

Tags

CCSS.6.NS.B.2

CCSS.6.NS.B.3

CCSS.6.RP.A.3

What percent of Sherri's total budget is spent on utilities and groceries?

• 18%

• 8.5%

• 53%

• 26.5%

Tags

CCSS.6.NS.B.2

CCSS.6.NS.B.3