Financial Literacy - Unit 4 Assessment (Income & Spending)

Financial Literacy - Unit 4 Assessment (Income & Spending)

9th - 12th Grade

20 Qs

quiz-placeholder

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Financial Literacy - Unit 4 Assessment (Income & Spending)

Financial Literacy - Unit 4 Assessment (Income & Spending)

Assessment

Quiz

Mathematics

9th - 12th Grade

Medium

Created by

Robert Washington

Used 7+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Kiera and Maya are planning to share a 2 bedroom home with a monthly bill of $940.00. Convert their monthly bill to weekly payments, rounding to the nearest hundredth.

$217.69

$108.46

$246.15

$217.23

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

Anaya and Brielle are studying the Vehicle Cost Table to look up car loan payments. They find that an auto loan for $3,094.00 will have a weekly payment of:

$14.41

$61.33

$13.06

$15.24

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

Use the Vehicle Cost Table to look up car loan payments. An auto loan for $4,385.00 will have a monthly payment of:

Arriana is considering this option.

$80.22

$19.80

$18.51

$84.92

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

Anaya and Arnai are studying for their vehicle maintenance class. They use the Vehicle Cost Table to look up weekly maintenance costs for a 21-year-old vehicle with 109,146 miles. What is the cost?

$25.00

$66.00

$45.00

$20.00

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

Maya and Brielle use the Vehicle Cost Table to look up weekly maintenance costs for a 4-year-old vehicle with 92,336 miles:

$15.00

$20.00

$35.00

$10.00

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Ms. Brielle and Kiera are calculating their shared monthly rent of $850.00 to weekly payments. Round to the nearest hundredth. What would be each of their weekly payments if they split the rent equally?

$95.00

$62.54

$98.08

$28.98

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Let's say Maya is in the market for a car priced at $45,600 according to the Manufacturer's Suggested Retail Price (MSRP). After some negotiation, she's secured a dealer cash allowance of $1,500. Additionally, she's making a down payment of $3,200. With a loan term set at 36 months and no interest charged, what would her monthly payment amount to for this car loan?

$1,598.98

$1,136.11

$1,200.78

$950.98

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