Financial Literacy Practice
Authored by SANDRA SILVEY
Mathematics
7th Grade
CCSS covered
Used 132+ times
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18 questions
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1.
FILL IN THE BLANKS QUESTION
3 mins • 1 pt
Mrs. Wilcox paid $28.00 for new beakers and clamps for $10.00. The sales tax rate is 6%. How much will Mrs. Wilcox pay in sales tax?
(a)
Tags
CCSS.6.RP.A.3C
2.
MULTIPLE SELECT QUESTION
3 mins • 1 pt
Which of the following is an example of a fixed expense?
Rent
Food
Credit card bill
Car payment
3.
MULTIPLE SELECT QUESTION
3 mins • 1 pt
Which of the following is an example of a variable expense?
Food
Credit card bill
Loan
Utility bill
4.
MULTIPLE SELECT QUESTION
3 mins • 1 pt
Which items are examples of liabilities?
Furniture you own
Mortgage
Car loan
Your house which you own.
5.
FILL IN THE BLANKS QUESTION
3 mins • 1 pt
What is Angel's net worth? (Add the assets & the liabilities and subtract them from each other).
(a)
Tags
CCSS.7.EE.B.3
6.
FILL IN THE BLANKS QUESTION
3 mins • 1 pt
Minda's monthly pay is $3,200.
She pays 15% of her monthly income in federal withholding. How much federal withholding does she pay?
(a)
Tags
CCSS.6.RP.A.3C
7.
FILL IN THE BLANKS QUESTION
3 mins • 1 pt
Minda's monthly pay is $3,200.
She pays 3% of her monthly salary for Medicare. How much does she pay?
(a)
Tags
CCSS.6.RP.A.3C
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