financial literacy

Ella bought 2 boxes of soda for $15 each. She sold all of them for $50. Did she make a profit?

• No, she lost $13

• Yes, she made $20

• Yes, she made $13

• No , she lost $20

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4.10.D

Guzman bought 4 toys for $25 each. He sold one toy to his friend for $50 and another toy to his other friend for $25 dollars? Did he make a profit?

• No, he didn't make a profit, nor did he lose money.

• No, he lost $25

• Yes, he made $25.

• Yes, he made $10

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4.10.D

Banks charge a fee when you borrow money. This is called

(a)  

• interest
• deposit
• expense
• saving

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4.10.D

Patty bought 2 apples for .50 each. She also bought a package of oranges for $2. She paid with $10. How much change did she receive after she paid for her groceries?

• $7.50

• $7.65

• $7

• $1

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4.10.D

What is it called when you borrow money from the bank?

• Deposit

• Loan

• Credit

• Interest

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4.10.D

Kim bought a bike for $75. She painted it for $30.45. Then sold it for $150. What has her profit?

• 100.45

• 44.55

• 50,55

• She made no profit

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4.10.D

Luis wants to buy a new home. He doesn't have enough money so he goes to the bank to get a ​ (a)   The bank is going to charge him a fee call ​ (b)   .

• loan.
• interest
• withdraw
• deposit

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4.10.D

Which expenses were fixed expenses for Mr. Jefferson during these four months?​ ​ (a)   ​ ​

• Rent and Cell phone
• Rent only
• Groceries
• Electricity

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4.10.D

One benefit to having money in the bank instead of in your house is ...

• You can earn interest on it and make more money.

• You can take it any time you want.

• You have to pay interest.

• You will lose it.

How much profit Shirley make?

Mathematical Equivalence

ON