WorksheetsPersonal Finance - Semester 2 Review
Total questions: 25
Worksheet time: 36mins
What is a mortgage?
A savings account for home repairs
A type of insurance policy
A loan to buy a home
Saving money for a down payment to buy a house is usually considered a short-term goal.
True
False
A roomate may reduce the financial burden of renting an apartment.
True
False
The amount of money that you agree to pay toward your loan each month.
Interest
Final Payment
Monthly Payment
a long term rental of a car. you need to pay monthly payments for the vehicle and it must be returned at the end of the contract.
seller
lease
downpayment
Which of the following is a responsibility of the vehicle owner?
Gas and maintenance
Warranty coverage
Lower monthly payments
What does homeowners insurance typically protect against?
Rent increases
Damage from fire, theft, and other covered perils
Beginning mortgage delays
A common moving-in cost for an apartment would be:
Car insurance
Real estate taxes
A security deposit
This is likely the biggest purchase you will ever make
going on a trip
buying a home
renting an apartment
When you rent, you will sign a __________ to protect the landlord and yourself.
treaty
mortgage
lease
Buying a new car is always better than buying a used car.
True
False
Your purchase is $14.59.
Using the dollar up rounding technique, how much would you give the cashier?
$14.49
$14.00
$15.00
What Type of House is this?
Log Cabin
Mediterranean
Country
What housing style is this?
Victorian
Ranch
Federal
Victorian
This is the first step in planning a budget.
Spend a lot of money before you budget.
Prepare a checklist of your needs, wants and goals.
Estimate your income for 83 days
money you owe to someone else
bills
wants
bank
How much is the chicken?
$0.99 a dozen
$1.99 a pound
$1.79 a loaf
If a bottle of juice costs $5 and a sandwich costs $4, how much do both cost together?
$8
$9
$10
Sally buys a toy for $45 and a book for $23. How much did she spend in total?
$68
$65
$70
If a loaf of bread costs $2.25 and you buy 2 loaves, how much will you spend?
$3.75
$6.25
$4.50
James listed the amounts he paid for ukulele lessons for 3 months.
June: $68
July: $80
August: $147
What is the amount James paid for ukulele lessons for these 3 months?
$280
$305
$295
What is the value of the coins below?
87¢
97¢
83¢
Maria earned $1.75 for helping her mom. Which amount shows $1.75?
