Day 5 - Personal Financial Literacy

Ms. Hamburger buys a burger for $6.00 but must pay 5% sales tax. What is her total with tax?

The Gomez family makes $6,000/month and budgets $750 on food, what % of their budget is food?

Calculate the compound interest: Principal=$500, Rate=7%, Time=2 years.

Which type of interest is more likely to make you lots of money over 50 years?

Saundra can purchase a 6-pound item from different stores. Which is the best buy?

Your rent is considered a ...

Which of these is considered an asset?

Jess bought two $15 shirts and a $20 dress, plus 4% sales tax. What is the total price?

At Chili's Tomas got a meal worth $11.00. If he left a 25% tip, how much tip did he leave?

The Li's have a monthly income of $4,000. They put 10% away for savings. How much do they save?

Your credit card bill is considered a ...

Joe has assets of $120,000 and liabilities of $50,000. What is his net worth? 

Calculate 5% simple interest on a $5,000 loan paid off over 10 years.

Ky bought BlackOps2 for $75 and four controllers for $25 each. Tax was 8%. Find total price.

Ms. Perdue spends $10 on a shirt that was originally priced at $20. what was the % of discount?

Roshni has assets of 80,000 and liabilities of $81,000. What is her net worth?