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7th Grade STAAR Review - Financial Literacy Flashcards | StudBud
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7th Grade STAAR Review - Financial Literacy
7th Grade STAAR Review - Financial Literacy
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Flashcards
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Questions
9
Answers
1
Ms. Kruger prepared a list of her assets (things you own) and liabilities (things you owe).
$32,577
$19,439
$83,793
$51,116
2
A car dealership offers two types of discounts. Which answer is true based on the following?
The customer would pay $19,324 for Car S.
The customer would pay $21,824 for Car S.
The customer would pay $23,107 for Car R.
The customer would pay $24,073 for Car R.
3
Percent of change
Stock increases by 0.23%
Stock increases by 0.03%
Stock decreases by 19.19%
Stock decreases by 3.33%
4
The table shows Gillian's net worth. Assets are positive, and liabilities are negative numbers.
$16,100
$12,250
$86,650
$19,950
5
Which statement is
NOT
supported by the table?
More than 1/2 of Maria's monthly income is spent on rent.
Spends 14% of her monthly income on cell & other expenses.
> 1/4 of monthly income is spent on utility/cable/groceries.
Maria puts 15% of her monthly income into savings.
6
Simple interest
$56.00
$168.00
$576.80
$565.60
7
Julia and Rodney decided to invest 15% of their salaries.
$1,669.57
$1,620.00
$4,368.94
$4,050.00
8
Diana created a budget chart to track her monthly expenses. The chart appears below.
46%
7%
30%
70%
9
A monthly budget with expenses is shown.
y = 3,600 x 4
y = 3,600 / 7
y = 3,600 x 12
y = 3,600 / 52
