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Fractions and Financial Literacy Flashcards | StudBud
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Fractions and Financial Literacy
Fractions and Financial Literacy
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Questions
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Answers
1
What equation is being modeled in the picture?
1-1/2-1/3
1/2-1/3
1 - 1/2 + 1/3
1/2+1/3
2
What is the Least Common Denominator for this picture?
3
12
24
18
3
What equation is being modeled?
1/4-6/8
6/8+1/4
8/8-1/4
6/8-1/4
4
Which of these do you NOT subtract from your Gross Salary?
Insurance
State Income Taxes
Federal Income Taxes
Net Income
5
What is the Least Common Denominator?
2
3
6
1
6
What is the answer in simplest form?
2/4
4/8
3/4
1/2
7
Courtney made 6/8 of a pitcher of juice and her brother drank 2/3 of it. How much is left?
1/12 pitcher
4/5 pitcher
none
1/24 pitcher
8
What is the answer in simplest form?
1/6
6/6
1 1/6
5/6
9
What is the best estimate of the sum of 7/8 and 1/5?
1
1 1/2
0
2
10
What is the Least Common Denominator for this picture?
8
4
16
2
11
What is the answer to this question?
11/12
4/12
2/12
5/12
12
When you are budgeting, Savings is considered an Expense.
False
True
13
What equation is being modeled?
2/3 +3/12
1+2/3+3/12
3/3 -3/12
2/3 -3/12
14
If my Gross Income for the week is $723.00, and all of my tax deductions are $123.33,what is my net income for the week?
$598.77
$599.67
$592.68
$600.00
15
If you need to cut back on expenses, what can you most likely do the most quickly?
Decrease your rent
Cut back on spending
Put more money into your savings
Get a second job
16
If I read 1/3 of my book in one day, and 1/4 of it on another day, what fraction of the book have I read?
1/12
6/12
2/4
7/12
