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Financial Algebra

Authored by Anthony Clark

Mathematics

12th Grade

CCSS covered

Used 3+ times

Financial Algebra
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20 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Sandra has $500 in a savings account that earns 1% annual interest. She leaves that money in the account for 5 years. If inflation averaged 2% per year, what happened to the purchasing power of her savings?

It increased

It decreased

It stayed the same

It matched inflation

Tags

CCSS.6.RP.A.3C

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Rupert makes $1,600 bi-weekly.

Find his annual salary.

$19,200

$83,200

$41,600

$61.54

Tags

CCSS.7.EE.B.3

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How much is each weekly paycheck?

$1,352.50

$1,153.85

$2,500

$3,120

Tags

CCSS.6.EE.B.6

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Carlos makes $18.25 an hour.

Give the best estimate of his annual pay (40 hours per week).

$26,500

$36,500

$46,500

$56,500

Tags

CCSS.5.NBT.B.7

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Derek is placing a 7-line job posting for an assistant. The following piecewise function gives the price of an x-line posting. Find the difference between the cost of a 6-line ad and the cost of a 7-line ad.

59

68

32

9

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

$41,945

$10,486.25

$11,261.25

$11,286.25

Tags

CCSS.8.EE.C.7B

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Talia makes $12 an hour.

She gets time-and-a-half for overtime.

Find her weekly pay if she works 45 hours.

$480

$540

$570

Tags

CCSS.7.EE.B.4A

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