What is INTEREST? (Choose 2 answers)

• The money you save

• The money you earn

• Money you owe the bank for them loaning you money

• A fee to borrow money

Tags

CCSS.7.RP.A.3

 Work humans do, both physical and mental, used in the production of goods and services.

• capital resource
• human resource
• natural resource
• jobs

To put money aside for future needs or wants.

• spending
• save
• borrow
• give

Ashley works at a movie theatre. Some weekends Ashley works more than others. Which statement is most likely true?

• When Ashley works more hours, the theatre gets less labor from her.

• When Ashley works less hours, the theatre gets more labor from her.

• When Ashley works more hours, she earns less income from the movie theatre.

• When Ashley works more hours, she earns more income from the theatre.

Tags

CCSS.RI.4.1

CCSS.RI.5.1

CCSS.RL.4.1

CCSS.RL.5.1

CCSS.RL.6.1

 

After a drought, a farmer did not harvest as much wheat. How will this impact the price of wheat?

• The price of wheat will increase because the farmer has less wheat to sell.

• The price of wheat will increase because the farmer has more wheat to sell.

• The farmer will charge less because the farmer has more wheat to sell.

• The farmer will charge less because she has less wheat to sell.

Mr. Campbell needed a new dryer, so he borrowed $600 from the bank. He paid $680 back to the bank. What is the reason Mr. Campbell paid more than he borrowed?

• Mr. Campbell paid sales tax on his purchase.

• The dryer cost more than $600.

• Mr. Campbell bought some tools at the same time as he bought the dryer.

• Mr. Campbell had to pay interest on the money he borrowed.

Tags

CCSS.7.NS.A.1C

Mrs. Campbell wants to have a pool built in her backyard. Mrs. Campbell does not have enough money in her savings to pay for the pool to be built. What can she do to be able to have the pool built in her backyard?

• Borrow money from the bank and never pay it back.

• Borrow money from the bank and have her friend pay it back.

• Borrow money from the bank and pay it back with interest.

• Borrow money from the bank and use it to go on a vacation.

Which factor is most likely to help Luis get paid more money at his job at Tesla?

• The size of his family.

• The amount of money Luis saves each month.

• The amount of bills that Luis has.

• The number of years of experience that Luis has.

Dahlia sold pineapples at a fruit stand. The table shows the number of pineapples Dahlia had for sale each week and the number of customers she expected to come to her fruit stand. In which week did Dahlia most likely sell her pineapples for the highest price?

• Week 1, because the number of pineapples were greater than the expected number of customers

• Week 2, because the number of pineapple was the same as the expected number of customers

• Week 3, because fewer customers were expected to come to the fruit stand this week than any other week

• Week 4, because the number of pineapples was less than the expected number of customers

Tags

CCSS.6.RP.A.3B

Bad weather destroyed most of the peaches on the peach trees in an orchard. This will have an effect on the price of the remaining peaches. Which statement best describes the effect on the price?

• The price will likely increase, because there are more peaches available to buy.

• The price will likely decrease, because there are more peaches available to buy.

• The price will likely increase, because there are fewer peaches available to buy.

• The price will likely decrease, because there are fewer peaches available to buy.