Net Worth

Net Worth

7th Grade

7 Qs

quiz-placeholder

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Net Worth

Net Worth

Assessment

Quiz

Mathematics

7th Grade

Medium

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

Standards-aligned

Created by

Leana McTaggart

Used 11+ times

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The Worthington family has a savings account with a balance of $18,800.

Asset

Liability

Tags

CCSS.6.NS.C.5

2.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Media Image

They own two vehicles that are worth a combined total of $64,600.


Type A for asset and L for Liability.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assets=$20,000

Liabilities=$50,000

What is the net worth?

$80,000

- $80,000

$30,000

- $30,000

Tags

CCSS.6.NS.C.5

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assets=$20,000

Liabilities=$50,000

What is the net worth?

$80,000

- $80,000

$30,000

- $30,000

Tags

CCSS.6.NS.C.5

5.

MULTIPLE CHOICE QUESTION

30 sec • 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

$13,725

$16,200

$29,925

Tags

CCSS.7.EE.B.3

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The table shows Peter's net worth statement. Assets are positive and liabilities are negatives. Peter's net worth is $101,800. Based on the information in the table, what is the current value of Peter's house?

$58,600

$98,000

$78,300

$82,100

Tags

CCSS.7.EE.B.3

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

The table below shows Claude's assets and liabilities.  What is the total value of his assets?

$24,950
$25,420
-$24,950
$50,370

Tags

CCSS.6.NS.C.5