Housing, Transportation , and Food Budgets and Wages
Flashcard
•
Mathematics
•
9th - 12th Grade
•
Hard
+11
Standards-aligned
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15 questions
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1.
FLASHCARD QUESTION
Front
What are the main costs associated with owning a car?
Back
The costs include the purchase price, insurance, maintenance, fuel, registration, and depreciation.
2.
FLASHCARD QUESTION
Front
How do you calculate weekly pay from hourly wage?
Back
Multiply the hourly wage by the number of hours worked in a week.
Tags
CCSS.7.EE.B.3
3.
FLASHCARD QUESTION
Front
What percentage of income is typically recommended to spend on rent?
Back
It is generally recommended to spend no more than 30% of your income on rent.
Tags
CCSS.6.RP.A.3C
4.
FLASHCARD QUESTION
Front
What is gross pay?
Back
Gross pay is the total amount of money earned before any deductions such as taxes and insurance.
Tags
CCSS.7.RP.A.3
5.
FLASHCARD QUESTION
Front
How do you convert annual salary to monthly income?
Back
Divide the annual salary by 12.
Tags
CCSS.6.RP.A.3B
6.
FLASHCARD QUESTION
Front
What is a budget?
Back
A budget is a plan that outlines expected income and expenses over a specific period.
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.3
CCSS.RI.9-10.5
7.
FLASHCARD QUESTION
Front
What are fixed expenses?
Back
Fixed expenses are costs that do not change from month to month, such as rent or mortgage payments.
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
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