Net Worth Practice
Authored by Sharrah Gibbs
Mathematics
7th Grade
CCSS covered
Used 15+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Which of the following are considered assets?
1. A Car that is paid off
2. Student Loans
3. Rent Payments
1 only
1 and 2 only
2 and 3 only
1, 2, and 3 only
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Pratt own a car worth $14,200 and $2,100 worth of electronics. He still owes $7,300 on his student loans and $8,900 on his car loan. He has $2,315 in his bank account and $5,110 in an investment account. What is Pratt's Net Worth?
$7,525
$23,725
$16,200
$39,925
Tags
CCSS.7.NS.A.3
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Which of the following are considered liabilities?
1 - A Mortgage
2 - Kitchen Dishes
3 - A Car Loan
1 only
1 and 2 only
1 and 3 only
1, 2, and 3
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Dani has $1,425 in her bank account and a car worth $3,200. She still owes $1,350 on the car and $825 on her student loans. She owes her apartment $840 in rent. What is her Net Worth?
$1,610
$3,015
$4,625
$7,640
Tags
CCSS.7.EE.B.3
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
$8,235 owed on a credit card
Asset
Liability
Tags
CCSS.6.NS.C.7C
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Estimated home value of $233,00
Asset
Liability
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Nomar's net worth is $15,354. Which of the following is true?
Tags
CCSS.7.NS.A.1B
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