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Personal Financial Literacy Unit Test

Quiz by Devin Lee

Grade 7
Mathematics
Texas Essential Knowledge and Skills (TEKS)

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3 questions
Show answers
  • Q1
    300s
    7.13.A: Personal Financial Literacy
  • Q2
    Faye has $3,000 that she is going to deposit into each of the two accounts as shown: Account A: 5% simple interest for 5 years. Account B: will earn $828.84 over 5 years. Assuming that Faye does not make any additional deposits or withdrawals, find the combined amount of her two accounts after 5 years.
    $3,828.84
    $3750.00
    $8,356.24
    $7,578.84
    300s
    7.13.E: Personal Financial Literacy
  • Q3
    Margie’s $1,600 budget is shown below. Which of the following statements does not represent the table?
    Question Image
    Margie’s car payment represents 1/8 of her total budget.
    Margie’s food category represents more than 20% of her total budget.
    Utilities represent 5% of Margie’s total budget.
    Margie’s rent and food represent more than 50% of her total budget.
    300s
    7.13.B: Personal Financial Literacy

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