Diagnostics Test for Financial Algebra
Authored by Syndy Thelemaque
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50 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
B) Budget Plan
Your budget plan is as follows: Rent (25%), Car Payment (15%), Utilities (10%) Groceries/Restaurants (15%), Personal Shopping (25%), and Savings (10%)
If your monthly paycheck is $2784, how much money goes towards Rent?
$696
$642
$69600
$742
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
B) Budget Plan
Your budget plan is as follows: Rent (25%), Car Payment (15%), Utilities (10%) Groceries/Restaurants (15%), Personal Shopping (25%), and Savings (10%)
If your monthly paycheck is $2784, how much money goes towards Car Payment?
$417
$387
$596
$311
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
B) Budget Plan
Your budget plan is as follows: Rent (25%), Car Payment (15%), Utilities (10%) Groceries/Restaurants (15%), Personal Shopping (25%), and Savings (10%)
If your monthly paycheck is $2784, how much money goes towards Utilities?
$278
$346
$519
$125
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
B) Budget Plan
Your budget plan is as follows: Rent (25%), Car Payment (15%), Utilities (10%) Groceries/Restaurants (15%), Personal Shopping (25%), and Savings (10%)
If your monthly paycheck is $2784, how much money goes towards Groceries/Restaurants?
$417
$395
$525
$178
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
B) Budget Plan-
Your budget plan is as follows: Rent (25%), Car Payment (15%), Utilities (10%) Groceries/Restaurants (15%), Personal Shopping (25%), and Savings (10%)
If your monthly paycheck is $2784, how much money goes towards Personal Shopping?
$696
$412
$837
$149
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
B) Budget Plan
Your budget plan is as follows: Rent (25%), Car Payment (15%), Utilities (10%) Groceries/Restaurants (15%), Personal Shopping (25%), and Savings (10%)
If your monthly paycheck is $2784, how much money goes towards Savings?
$278
$519
$837
$432
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
A) Stock Market
You invest in 3 shares of Apple Stock for $212 each. One year later you see all three shares of stock for $247 each, How much profit did you make?
$105
$741
$636
$97
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