Summer School Financial Literacy Review

Henry paid a total of $24.27 for a bike helmet. Which of the following is most likely the price of helmet before tax?

Kyle’s annual salary is $60,000. Which of the following amounts is most likely his net monthly income?

Morgan’s gross income is $4,000 a month. Which of the following is most likely her monthly net income?

Laura earns $75 a week. She spends $25 on food, $15 on entertainment, and $20 on clothes. How much is left for savings?

Jennifer earns a monthly income of $4,500. She takes home $3,700. The amount of $3,700 is her:

Jade is purchasing a new coat priced at $43.50. What is the most reasonable price of the coat with sales tax added?

Jillian is balancing her budget and notices her spending exceeds her income. Which of the following can she cut back on?

Steven recently purchased a home. The taxes Steven pays on his home are referred to as –

Madison is creating a budget. Which of the following categories is a necessity for Madison’s budget?

Josh purchased a shirt for $12.98. When he goes to check out, he owes $14.02. What is the cause for the price increase?