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Financial Literacy

Authored by Natalie Spencer-Lopez

Mathematics

7th Grade

CCSS covered

Used 5+ times

Financial Literacy
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16 questions

Show all answers

1.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Media Image

This is the budget for the Jones family. What percentage of the total budget is represented by entertainment? (hint: use a percent proportion to solve).

(a)  

Tags

CCSS.6.RP.A.3C

2.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Media Image

The Samson family is moving to another city that has a higher "cost of living". They estimate their required monthly income will need to be $6200. How much more money will they need to live in the new city?

(a)  

Tags

CCSS.6.RP.A.3C

3.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Media Image

The Samson family has a monthly income of $4,500.

How much does the Samson family spend on food each month?

(a)  

Tags

CCSS.6.RP.A.3C

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Find the total amount in the account to the nearest cent if the interest is compounded annually. 
$2750 at 8% for 2 years

$220
$440
$660

Tags

CCSS.HSF-LE.A.1C

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In the compound interest formula A=P(1+r)t what does the A stand for?

The amount of interest

The total amount

The interest rate

The time

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The simple interest formula is I=Prt.  What does the t represent?

Principle
Interest
Time, in hours
Time, in years

Tags

CCSS.8.EE.C.7B

7.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Media Image

What is Angel's net worth? (Add the assets & the liabilities and subtract them from each other).

(a)  

Tags

CCSS.7.NS.A.3

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