budget exam

Tricia makes $19.00 an hour and works 36 hours a week. How much money does she earn in a year.

(a)  

Tags

CCSS.7.NS.A.3

CCSS.7.EE.B.3

Robert is working on his first budget with fixed and variable expenses and wants to save 10% of his entire budget of $2500 for retirement. How much money would he be saving each month if he saved 10%?

(a)  

Tags

CCSS.7.RP.A.3

CCSS.7.RP.A.2

If Ryan's take-home pay is $3600, what percentage does he pay for rent if rent is $1300.

(a)  

Tags

CCSS.7.RP.A.3

CCSS.7.RP.A.2

An expense that does NOT change from month to month.

(a)  

An expense that changes every month.

• fixed expense

• variable expense

• variable rate

• fixed variable

Which of the following people would benefit MOST from a personal budget?

• Tim carefully keeps track of his expenses.

• Sue spends less than she earns.

• David is saving for a major purchase.

• Bob does not have enough money to pay bills.

Kate's family's monthly budget is shown. what is the monthly total

(a)  

Tags

CCSS.7.NS.A.3

CCSS.7.EE.B.3

Robert is working on his first budget with fixed and variable expenses. What is the combined percent of his car payment and gas each month?

(a)  

Tags

CCSS.7.RP.A.3

Robert is working on his first budget with fixed and variable expenses. He knows the entire budget should equal 100%. Based on this chart, what percent of his budget will be for entertainment?

(a)  

Tags

CCSS.7.RP.A.3

CCSS.7.RP.A.2

Maria's monthly income is $2,000. Which statement is NOT supported by the information in the table?

• More than one-half of Maria's monthly income is spent on rent.

• Maria puts 15% of her monthly income into savings.

• More than one-fourth of Maria's monthly income is spent on utilities, cable, and groceries.

• Maria spends 14% of her monthly income on her cell phone and other expenses.

Tags

CCSS.7.RP.A.3

CCSS.7.RP.A.2