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Financial Literacy

Authored by Ren Kiser

Mathematics

7th Grade

CCSS covered

Used 13+ times

Financial Literacy
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16 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Items that are owned by an individual

assets
liabilities
property
expenses

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A plan for spending

income
expenses
sales tax
budget

Tags

CCSS.7.EE.B.4A

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Debts that are owed by an individual

liabilities
fixed expenses
net worth
assets

Tags

CCSS.6.NS.C.7C

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The value of one's assets minus one's liabilities

fixed income
coupon
net worth
gross income

Tags

CCSS.6.NS.C.5

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The amount paid or earned for the use of money.  
The formula is I = prt

Simple interest
Compound Interest
Coupon
Monetary Incentives

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which is an example of a variable expense?

car payment
mortgage
electricity bill

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Deciding how to spend your money before you actually spend it.

Account

Balance

Budget

Cash

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