WorksheetsVSVA Practical Math Final Review
Total questions: 11
Worksheet time: 17mins
According to this partial W-2 form, how much money was paid in FICA taxes?
$418.53
$1789.87
$1906.86
$2208.10
Raoul’s taxable income is $38,438. He is filing as head of household, and he has already paid $4228 in federal taxes.
What will he receive or pay after he figures his taxes for the year?
He will receive a refund of $908.
He will receive a refund of $916.
He will pay $908.
He will pay $916.
What was the total amount of the checks listed on the opposite side of Vera’s deposit ticket?
$1120.70
$1040.70
$456.32
$80.00
Dianne's register shows check #149 on 9/7 in the amount of $219.25, a deposit on 9/12 in the amount of $140.36, and an ATM withdrawal on 9/16 in the amount of $140. No other transactions were made.
What should the balance be in Dianne’s register? Use this bank statement.
$359.41
$462.34
$649.35
$797.91
Each month, Cameron budgets $1040 for fixed expenses, $980 for living expenses, and $120 for annual expenses. His annual net income is $24,132.
Which statement best describes his monthly budget?
It shows a deficit of $129.
It shows a surplus of $129.
It shows a deficit of $9.
It is balanced.
Alan’s unpaid credit card balance was $3426.67. His APR is 16.8%.
What is his new balance after he makes one new transaction for $235?
$3709.64
$3876.52
$4141.40
$4237.35
Brianna’s gross annual salary is $50,676.
What is the recommended maximum monthly rent she should pay?
$998
$1046
$1182
$2111
Pat is 19 years old. He buys 25/50/50 liability insurance, collision insurance with a $250 deductible, and comprehensive insurance with a $100 deductible.
What is his total annual premium?
$1674
$956
$779
$640
Brett deposited $3200 into a savings account for which interest is compounded quarterly at a rate of 2.4%.
How much interest will he earn after 15 years?
$300.42
$768.14
$1367.19
$1381.72
Meagan’s insurance company pays for 90% of her knee surgery, after she pays an $800 deductible.
How much will Meagan pay for her surgery if it costs $14,600?
$1380
$1460
$2180
$2260
Alexa’s gross monthly pay is $3810.
To maintain her current way of life, how much should she have saved by the time she retires?
$457,200
$464,400
$487,200
$493,600
