Budgeting Math
Quiz
•
Specialty
•
6th - 8th Grade
•
Medium
Wayground Content
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9 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Typically, Toby plans to spend about $550 on Christmas for his entire family, and has saved up that amount. He has already bought a new tv for $275, some video games for $150, some new clothes for his daughter $50, and some stocking stuffers for another $50. How much of his Christmas budget will Toby have left?
$75
$50
$25
None. He went over budget!
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Angela has been wanting to purchase a pure-bred show-cat named Princess Lady. The cat’s current owner has said that she would potentially share Princess Lady 9 months from now if Angela could pay $2800. How much will Angela need to save every month?
$311.11
$254.54
$280.00
$350.00
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
If Jim was to buy Pam a wedding ring for $12,000 he would need a loan. He knows he can get a loan with 8.7% interest. How much would he end up paying in interest?
$1,044
$1230
$984
$1352
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
If you spend $250 on groceries, $80 on gas, $70 on clothes, and $90 on other expenses, what are your total expenses?
$490
$530
$375
$565
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
If Roy buys a jet ski for $18,500 at an interest rate of 8.2%, how much interest will Roy end up paying?
$1432
$1687
$1517
$1579
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
If Kelly wants to buy a new phone for $900 in 7 months from now, how much money should she save every month?
$100
$128.57
$137.62
$120
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
If Andy were to buy a new Prius for $15,000 with a 6.2% interest rate on the loan, how much would he pay including interest?
$15,930
$16,250
$15,326
$15,555
8.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
If you have a total income of $5000 and total expenses of $3700, what is your final balance?
$1500
$1300
$1100
$900
9.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Jim has just begun a new job as a sports writer. It will pay him $3500 every month. He also knows that he usually spends $400 on groceries, $1300 on childcare for his two children, $1100 on his house payment, $150 on gas and travel, and an additional $400 every month on other expenses. What are Jim's total expenses?
$3250
$3350
$3400
$3650
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