WorksheetsNet Worth
Total questions: 13
Worksheet time: 3hrs 15mins
Calculate the net worth of someone with assets of $198,000 and liabilities of $154,000.
(a)
What is the value of assets if someone has a net worth of $142,500 and liabilities of 87,400?
(a)
What is the value of liabilities if total assets are $204,800 and net worth is $128,900?
(a)
Organize the following information, and use it to create a statement of net worth.
House (asset), $231,160
Credit card debt, $2,680
Savings account, $22,500
Car loan, $14,790
Retirement savings, $87,600
Balance in checking account, $12,368
Mortgage loan (liability), $142,760
Value of second car (no loan), $4,700
Student loans, $32,650
$44,410
-$338,448
$165,448
-$165,448
Your local store has a sale with 20% off your favorite jeans. If the jeans are regularly priced at $39.98, what is your sale price? How much would you save? *Round to the nearest penny
(a)
Suppose your family's favorite restaurant is offering an incentive of one meal at the regular price and the second one at half price. If both meals regularly cost $8.50, how much would you pay?
(a)
Suppose your family's favorite restaurant is offering an incentive of one meal at the regular price and the second one at half price. If both meals regularly cost $8.50, how much would you pay?
(a)
What is the net worth of someone with assets of $212,000 and liabilities of $126,000?
(a)
What is the value of assets if someone has a net worth of $152,500 and liabilities of $77,000?
(a)
What is the value of liabilities if total assets are $214,800 and net worth is $138,000?
(a)
Your favorite store is having a 25% off sale. If a sweater that is regularly priced at $54.99 is on sale, what is the sale price? A. $10.99 B. $13.75 C. $41.24 D. $44.99
A
B
C
D
Your favorite ice cream shop is having an end-ofthe-year sale. They are offering buy one ice cream sundae and get one for half off. If one sundae is $5.50 and the other sundae is $4.80, how much will you pay for both sundaes? (These sales always charge full price for the more expensive option)
A. $5.15 B. $6.75 C. $7.55 D. $7.90
A
B
C
D
The local store is offering an instant rebate of $15 on all purchases over $125. If you bought items for $25, $75, and $22, what would be the amount you would have to pay?
(a)
