Net Worth

Net Worth

7th Grade

13 Qs

quiz-placeholder

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Net Worth

Net Worth

Assessment

Quiz

Mathematics

7th Grade

Hard

CCSS
7.EE.B.3, 6.NS.C.5, 7.NS.A.1B

+3

Standards-aligned

Created by

Ryan Kennedy

Used 9+ times

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13 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

15 mins • 1 pt

Calculate the net worth of someone with assets of $198,000 and liabilities of $154,000.

Tags

CCSS.7.EE.B.3

2.

FILL IN THE BLANK QUESTION

15 mins • 1 pt

What is the value of assets if someone has a net worth of $142,500 and liabilities of 87,400?

Tags

CCSS.6.NS.C.5

3.

FILL IN THE BLANK QUESTION

15 mins • 1 pt

What is the value of liabilities if total assets are $204,800 and net worth is $128,900?

Tags

CCSS.7.NS.A.1B

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Organize the following information, and use it to create a statement of net worth.

House (asset), $231,160

Credit card debt, $2,680

Savings account, $22,500

Car loan, $14,790

Retirement savings, $87,600

Balance in checking account, $12,368

Mortgage loan (liability), $142,760

Value of second car (no loan), $4,700

Student loans, $32,650

$44,410

-$338,448

$165,448

-$165,448

Tags

CCSS.7.EE.B.3

5.

FILL IN THE BLANK QUESTION

15 mins • 1 pt

Your local store has a sale with 20% off your favorite jeans. If the jeans are regularly priced at $39.98, what is your sale price? How much would you save? *Round to the nearest penny

Tags

CCSS.6.RP.A.3C

6.

FILL IN THE BLANK QUESTION

15 mins • 1 pt

Suppose your family's favorite restaurant is offering an incentive of one meal at the regular price and the second one at half price. If both meals regularly cost $8.50, how much would you pay?

Tags

CCSS.7.EE.B.3

7.

FILL IN THE BLANK QUESTION

15 mins • 1 pt

Suppose your family's favorite restaurant is offering an incentive of one meal at the regular price and the second one at half price. If both meals regularly cost $8.50, how much would you pay?

Tags

CCSS.7.EE.B.3

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