Consumer Math B Review

Alice makes $20,504 annually.

What is the maximum monthly rent that she can afford to pay?

• $5,741

• $564

• $478

• $427

What is the ordered pair for point J?

• (6, -4)

• (-4, 6)

• (4, 6)

• (4, -6)

Mike is going to a ball game on Saturday. He will pay $8.00 admission, plus $1.50 per item he buys at the concession stand.

Which of the equations represents this information?

• y = 8.00x - 1.50

• y = 1.50x - 8.00

• y = 8.00x + 1.50

• y = 1.50x + 8.00

What is the slope of the equation y = -2x + 3?

• -3

• -2

• 2

• 3

This is a list of Karen's assets and liabilities.

What is her net worth?

• $1

• $39

• $275

• $294

Ken bought a car last year to drive back and forth to work. Last year he spent $1,098 on gas. This year, it was $1,562.

What is the inflation rate?

• About 51%

• About 42%

• About 39%

• About 20%

Your checkbook register shows these activities for the month.

Old balance: $134.56, Check 512 to Good Stuff for $32.19, Deposit: $345.12, Check 513 to Hometown Apt. for $250.00, Check 514 to Farland Grocery for $16.65, Check 515 to Dr. Scott for $45.00.

What is your new checkbook balance?

• $225.64

• $169.14

• $135.84

• $122.45

Pam deposited $890 in a savings account with three percent simple interest.

How much interest will she earn in five years?

• $133.50

• $103.30

• $96.33

• $26.70

Jamal borrowed $316 for nine months. He paid it off by paying $38.27 monthly.

What will he pay in finance charges?

• $26.52

• $28.43

• $32.44

• $34.44

Use this table to find the monthly payment.

Adam borrowed $16,780 at 12.5 percent for 10 years.

What is his monthly payment?

• $245.83

• $240.31

• $230.12

• $229.81