Personal Financial Literacy Review

Tracy has saved $70 for entertainment and spends $45 eating out. Then she gets invited to the movies. The ticket costs $11. How much does Tracy have left in her entertainment fund after dinner and the movie?

• $14

• $19

• $25

• $59

Last week, Juana gave 5 guitar lessons and 6 personal training sessions. She earns $10 for a guitar lesson and $12 for a personal training session. How much did Juana earn in all last week?

• $62

• $110

• $120

• $122

Mrs. Ortiz knits sweaters and scarves. Last year she spent $174 on 29 skeins of wool yarn. This year she bought 33 skeins of the same yarn but spent only $132. How much less per skein did Mrs. Ortiz spend this year than last year?

• $1

• $2

• $3

• $4

The Chungs bought a laptop on credit for $480. That amount included $64 in interest. What was the price of the laptop without the interest?

• $414

• $416

• $424

• $432

Olivia starts with $56 in her savings account. She then saves $25 per month. How much is in her savings account after 6 months?

• $150

• $156

• $181

• $206

Ryder wants to buy 3 CDs at $12 each. He earns $8 per hour as a tutor. How many hours will he need to work in order to buy all of the CDs he wants?

• 2 hours

• 4 hours

• 5 hours

• 6 hours

Kerry is trying to save $350 for a school trip. If she saves $40 each month, for how long will she need to save?

• 7 months

• 8 months

• 9 months

• 10 months

Ms. Kellogg’s income last week was $625. She had $435 in planned spending and $95 in unplanned spending. She put the rest of the money in the bank. How much money did she put in the bank?

• $80

• $95

• $105

• $190

In March, Holliday Bakery sold 65 pies at $9 each. In April they had a special sale: the pies were only $7 each. They sold 85 pies in April. When did they make more money? How much more?

• March, $20 more

• March, $10 more

• April, $20 more

• April, $10 more