Consumer Math

John's paycheck for $150 was deposited. His previous balance was $789. What is his new balance?

Patrick has $450 in his checkbook. He spends $35 at the store. What is his new balance?

• $400

• $415

• $425

• $435

Derrick spent $25 getting his hair cut. He had $74 in his account. What is the new balance after his hair cut?

Your electric bill is

• expense

• income

Your paycheck is

• expense

• income

What type of expense is your rent?

• fixed

• variable

What type of expense is eating out?

• fixed

• variable

You have $636 in the bank. You spend $127 on groceries and $26 at the movie theater. What is your new balance?

• $482

• $400

• $383

• $483

You begin the month with $566 in your bank account. Your ending balance is $233. How much money did you spend?

Derrick gets paid bi-weekly. How often is this?

• every month

• every week

• every 2 weeks

• 2 times a week