Financial Fun

If I keep $1000 in a purse for a year, how much will it be at the end of the year?

• $900

• $1000

• $1100

• $1001

If I bought something for $5000 and sold it for $7150, what is my profit/loss?

• Loss of $2150

• Profit of $7150

• Loss of $5000

• Profit of $2150

If I invest $1000 at 10% per year interest rate, how much will it be after year one?

• $1000

• $1050

• $1100

• $1150

Which of these makes you rich? Assets or Liabilities

• Assets

• Liabilities

David wants to be saving 20% of his monthly income. If his monthly income is $5000, how much will his savings be after 6 months?

• $10,000

• $5,000

• $6,000

• $4,000