Personal Budget and Net worth

Phillip created the net worth statement shown. Based on the information in the statement, what is Phillip's net worth?

• $184,500

• $41,500

Tags

CCSS.7.NS.A.1B

Maria's monthly income is $2,000. The table displays the different categories in Maria's monthly budget and the amount of money she spends in each category. Which statement is no supported by the information in the table?

• Maria puts 15% of her monthly income into savings.

• Maria spends 14% of her monthly income on her cell phone and other expenses.

What percent of Sherri's total budget is put into cable and cell phone?

• 5%

• 9%

• 13%

• 17%

Tags

CCSS.6.RP.A.3C

Felicia earns $800 a month. The table shows her monthly budget. Which statement is supported by the information in the table?

• Felicia spends 10% of her monthly budget on clothes and food.

• Felicia spends 24% of her monthly budget on her car payment.

• Felicia spends 20% of her monthly budget on college savings.

• Felicia spends 50% of her monthly budget on her car payment and cell phone.

Tags

CCSS.6.RP.A.3C

A monthly budget with expenses is shown. Which equation can be used to determine, y, the minimum amount of money a family must earn to meet the requirements of this budget for one year?

Tags

CCSS.HSA.CED.A.3

Vickie makes $40,000 annually.  If she pays 20% in income tax, what is the amount of income tax she will pay?

• 8000
• 80000
• 2000
• 1200

Tags

CCSS.6.RP.A.3C

• $22.50
• $127.50
• $15.00
• $135.00

Tags

CCSS.6.RP.A.3C

What is net pay?

• The total earnings on your paycheck

• Three taxes that everyone must pay

• How much a person is worth in total

• The amount of your paycheck after taxes are taken out

Tags

CCSS.6.RP.A.3B

The table shows Gillian's net worth. Assets are shown as positive numbers, and liabilities are shown as negative numbers. Gillian's net worth is $90,500. Based on the information in the table, what is the amount of money Gillian owes for student loans?

• $19,950

• $12,250

• $16,100

• $86,650

Tags

CCSS.7.NS.A.1B

• 10%
• 50%
• 25%
• 75%

Tags

CCSS.6.RP.A.3C