Financial Literacy

What is 8% as a decimal?

• 0.8

• 0.08

• 0.008

• 8.0

Tags

CCSS.5.NBT.A.3

What is 12% as a decimal?

• 0.12

• 0.012

• 1.2

• 120

What is 14.5% as a decimal?

• 0.145

• 0.0145

• 0.014

• 1.45

What is 6% as a decimal?

• 0.06

• 0.006

• 0.6

• 0.60

What is 15% as a decimal?

• 0.15

• 0.015

• 0.0015

• 1.5

What is 16.5% as a decimal?

• 0.165

• 0.0165

• 0.00165

• 1.65

The total cost of attending the University of North Texas for one year is $15,500. Jason has saved up $8,500 and also has an academic scholarship for $4,000 to help him pay for her first year. If he doesn’t save any more money, how much will he need in student loans to help pay the rest of his first year?

• $3,000

• $5,000

• $8,000

• $4,000

Tags

CCSS.6.EE.A.2

CCSS.6.EE.B.5

CCSS.6.EE.B.6

CCSS.6.EE.B.7

The state university costs $17,000 for one year of school. Jason receives an athletic scholarship worth $10,000. He also received 2 grants for a combined total of $2,680. He still has 3 years to save up the rest of the money needed. What is the minimum amount he will need to save every month to reach his goal?

• $120 per month

• $140 per month

• $250 per month

• $80 per month

Tags

CCSS.6.EE.A.2

CCSS.6.EE.B.5

CCSS.6.EE.B.6

CCSS.6.EE.B.7

CCSS.6.NS.B.3

The total cost of attending Gonzaga for one year is $32,000. Stephen has a scholarship that will pay for half of his expenses and grants that total $8,560. What is the minimum amount he needs to save every month over the next 2 years in order to be able to afford his first year of college?

• $310 per month

• $290 per month

• $140 per month

• $120 per month

Tags

CCSS.6.EE.A.2

CCSS.6.EE.B.5

CCSS.6.EE.B.6

CCSS.6.EE.B.7

Raquel invested $8,000 into an account that pays 12% interest compounded annually. What will the balance of her account be after ten years?

• $24,846.79

• $26,460.24

• $16,846.78

• $12,460.24

Tags

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSF.LE.B.5

CCSS.HSN.Q.A.1