Unit 2 Review Controlling Expenses

Flashcard
•
Mathematics
•
9th - 12th Grade
•
Hard
+12
Standards-aligned
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a good estimate of monthly expenses if the monthly mortgage is $1576, phone charges are $66.80, electric bill is $125.00, and groceries cost about $160/week?
Back
$2408.00
Tags
CCSS.8.NS.A.2
2.
FLASHCARD QUESTION
Front
How much more interest could you earn in a month by placing $2,500 in a savings account with an interest rate of 5.1% per month compared to an account with a rate of 4.4% per month?
Back
$17.50
Tags
CCSS.7.RP.A.3
3.
FLASHCARD QUESTION
Front
What are the required components to be included in a check?
Back
Date, Signature, Payee, Amount (Memo is not required).
4.
FLASHCARD QUESTION
Front
How much interest will you earn at the end of the month if you place $5,000 in a savings account with an interest rate of 4.25% per month?
Back
$212.50
Tags
CCSS.7.RP.A.3
5.
FLASHCARD QUESTION
Front
How is the total restaurant bill calculated?
Back
The total bill is calculated by adding the item costs, sales tax, and tip.
Tags
CCSS.6.NS.B.3
6.
FLASHCARD QUESTION
Front
What is the formula to calculate monthly expenses?
Back
Monthly Expenses = Mortgage + Phone Charges + Electric Bill + (Groceries per week * 4)
Tags
CCSS.6.EE.A.1
7.
FLASHCARD QUESTION
Front
Define 'interest rate'.
Back
The percentage of a sum of money charged for its use, typically expressed on an annual basis.
Tags
CCSS.7.RP.A.3
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