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Personal Finance Week D4 Review Flashcards | StudBud
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Personal Finance Week D4 Review
Personal Finance Week D4 Review
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Personal financial literacy review
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
At Chili's Tomas got a meal worth $11.00. If he left a 25% tip, how much tip did he leave?
$2.75
$12.00
$12.75
$2.50
2
You randomly pick a card, put it back, and pick another.What is P(red, red)? Simplify.
Not here
49/64
7/8
3
Ky bought BlackOps2 for $75 and four controllers for $25 each. Tax was 8%. Find total price.
$189.00
$108.00
$14.00
$140.00
4
The Li's have a monthly income of $4,000. They put 10% away for savings. How much do they save?
$400
$410
$200
$450
5
Which is the cheaper unit price?
$5 for 10 lbs.
$18 for 32 lbs.
$3 for 5 lbs.
$4 for 9 lbs.
6
You randomly pick a marble and don't put it back, then you pick a 2nd. What is P(blue, brown)?.
15%
3%
Not here
12%
7
Bob's shirt originally cost $15 but he gets it on sale for $12.75. What's the % of discount?
15%
85%
$2.25
$3.75
8
Ms. Hamburger buys a #2 for $6.00 but must pay 5% sales tax. What is her total with tax?
$6.05
$6.30
$6.50
$9.00
9
Adam’s family expenses are $7000 a month. How much does he spend on clothing and entertainment?
$770
$1750
$1680
$910
10
Jess bought two $15 shirts and a $20 dress, plus 4% sales tax. What is the total price?
$50
$2.00
$51.40
$52.00
11
Roshni has assets of 80,000 and liabilities of $81,000. What is her net worth?
$161,000
$1,000
-$1,000
-$80,000
12
Your credit card bill is considered a ...
Liability
Asset
13
Calculate 5% simple interest on a $5,000 loan paid off over 10 years.
$2,500
$500
$600
$1,000
14
Your rent is considered a ...
Liability
Asset
15
Which of these is considered an asset?
Mortgage
Checking Account
Credit Card Bill
College Tuition
16
Ms. Perdue spends $10 on a shirt that was originally priced at $20. what was the % of discount?
25% off
10% off
50% off
100% off
17
An example of a variable expense is...
Savings account
Groceries
Insurance
Mortgage
18
Joe has assets of $120,000 and liabilities of $50,000. What is his net worth?
$70,000
$170,000
$7,000
$17,000
19
The Gomez family makes $6,000/month and budgets $750 on food, what % of their budget is food?
15%
1.25%
12.5%
.125%
20
Saundra can purchase a 6-pound item from different stores. Which is the best buy?
Buy at a local store for $22 with a $3-off coupon
Buy online for $15 plus shipping costs of $0.79 per pound
Buy online for $17 dollars with free shipping