Net Worth - Personal Finance Chapter 2
Authored by Ashley Gabbard
Mathematics
9th - 12th Grade
CCSS covered
Used 4+ times
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10 questions
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1.
FILL IN THE BLANK QUESTION
2 mins • 1 pt
Emily's car is worth approximately $5,300 according to the Kelley Blue Book website, but she still owes $1600 on her loan. She also has $800 in a savings account. What is Emily's net worth?
Tags
CCSS.7.EE.B.3
2.
FILL IN THE BLANK QUESTION
2 mins • 1 pt
Jamal makes $9 an hour and works about 15 hours a week. He also gets a $25 per week allowance. What is his total annual income?
Tags
CCSS.7.EE.B.3
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Phillip created the net worth statement shown.
Based on the information in the statement, what is Phillips's net worth?
$184,500
$41,500
-$71,500
-$41,500
Tags
CCSS.7.NS.A.1B
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Jenn's total assets are $8,794. Her liabilities are $2,670 in credit card debt and $3,622 for a student loan. What is her net worth?
$6,124
-$4,328
$15,086
$2,502
Tags
CCSS.7.EE.B.3
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is the sum of the individual’s current assets minus the individual’s total liabilities?
Net worth
Variable expenses
Liquid assets
Budget
Tags
CCSS.6.NS.C.7C
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The table shows Rochelle's net worth statement. Assets are shown as positive values and liabilities are shown as negative numbers. Based on the information in the statement, what is Rochelle's net worth?
Tags
7.13.C
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Abby lives in a home worth $115,000. She has a mortgage of $98,000. she owes $5,200 on her car that is worth $11,000. she has a credit card balance of $2,300. she also has a checking account with a balance of $900 and $300 in gift cards. What is Abby's net worth?
Tags
CCSS.7.NS.A.3
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