Net Worth Word Problems
Authored by Cody Jones
Mathematics
6th - 8th Grade
CCSS covered
Used 2+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Sanderson's own a house for 180k and a car for 5k. They still need to pay 113k in mortgage with a credit card debt of 10k.
What is their net worth?
85k
62k
23k
475k
Tags
CCSS.7.EE.B.3
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Michael owns a house worth $180,000 and owes a mortgage of $80,000.
What's his net worth?
80,000
100,000
52,000
63,000
Tags
CCSS.7.NS.A.1C
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Harvey owes 32,000 in student loans. He has 1,300 in his saving account. He has a car worth 6,800 with a 1,000 credit card debt.
Add all assets.
4865
6598
8100
7856
Tags
CCSS.7.EE.B.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Harvey owes 32,000 in student loans. He has 1,300 in his saving account. He has a car worth 6,800 with a 1,000 credit card debt.
Add all liabilities.
45,000
33,000
98,000
65,000
Tags
CCSS.7.NS.A.1C
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Harvey owes 32,000 in student loans. He has 1,300 in his saving account. He has a car worth 6,800 with a 1,000 credit card debt.
Find his net worth.
-24900
-63456
56324
-56324
Tags
CCSS.7.NS.A.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following isn't a liability?
mortgage
savings
rent
loan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following isn't a asset?
a house you own
a car you own
rent
savings
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