2022 Final Exam May 27, 2022 - test 2
Authored by Mr. Fielder
Chemistry, Professional Development
7th Grade
Used 12+ times
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20 questions
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1.
OPEN ENDED QUESTION
3 mins • 5 pts
In 50/30/20 rule of thumb, what does "20" represent?
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2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
It is more important to spend money on wants instead of needs.
True
False
3.
MULTIPLE CHOICE QUESTION
3 mins • 5 pts
If Aliyah earns $10,000 a month, how much should she commit to her savings if she saves 20% of her earnings?
$500
$2500
$2000
$1000
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
If Mark earns $10000 per month, how much should he commit to spending on his wants? (no more than 30%)
$30
$4500
$3000
$500
5.
FILL IN THE BLANKS QUESTION
30 sec • 5 pts
What are wages?
(a)
6.
FILL IN THE BLANKS QUESTION
30 sec • 5 pts
What is a salary?
(a)
7.
OPEN ENDED QUESTION
5 mins • 5 pts
Imagine you have $25. Your best friend’s birthday is coming up and you’d like to get them a gift. You’ve also been wanting to buy a new backpack since your current one has some holes in it. What do you decide to do with your $25? Why?
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