Envision Topic 16 (4th grade) review

Question 1

The total amount of money taken in when selling something would be the....

Accepted Answer

receipt

Question 2

Patty had $110.28 in receipts and $75.52 in expenses. What was her profit?

Accepted Answer

$34.76

Question 3

Georgia only had $70.00 in receipts and $33.78 in profit. What were her expenses?

Accepted Answer

$36.22

Question 4

Which of these is an advantage of putting your money in a bank?

Accepted Answer

Your money earns interest.

Question 5

Expenses that do not occur on a regular basis are...

Accepted Answer

variable expenses

Question 6

The difference between expenses and receipts is called the...

Accepted Answer

profit

Question 7

Gina had $15.54 in profit and $19.46 in expenses. What were his receipts?

Accepted Answer

$35.00

Question 8

The amount of money you have in your bank account is the...

Accepted Answer

balance

Question 9

Jenny had $348 in her checking account and spend $50.56 at the store. How much is left?

Accepted Answer

$297.44

Question 10

Borrowed = $958; 12 payments of $91. How much interest do they have to pay?

Accepted Answer

$134

Questions 10