Financial Math Sem 1 Pretest

_________ is a legal process in which a court takes over some of the finances of a person who is unable to pay their bills.

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.8.4

CCSS.RI.7.4

____________ is the cost of pursuing one option instead of another, expressed as the value of the activity you gave up.

Tags

CCSS.6.EE.B.6

What is an example of a liquid asset?

Ryan worked 40 hours during the first week of his summer job and made $9 an hour. His paycheck was for $332.46. How much did his employer withhold from his paycheck?

Tags

CCSS.7.EE.B.3

___________ is the amount of a specific asset that we own after subtracting any liabilities.

Your level of __________ refers to how much readily available cash you have on hand for meeting immediate wants and needs.

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

What factors influence income?

Maria has a car that she could sell for about $7,000, according to her uncle who is a used car dealer. However, she still owes $2,200 on her car loan. She has $1,100 in her checking account and $300 in cash. What is Maria's net worth?

Tags

CCSS.7.EE.B.3

A __________ is a projection about what will happen in the future.

Tags

CCSS.RI.11-12.2

CCSS.RI.9-10.1

CCSS.RL.11-12.1

CCSS.RL.8.1

CCSS.RL.9-10.1

_______________ may change from one period to the next.

Tags

CCSS.HSF-LE.A.1B