Personal Financial Literacy Unit Test

Quiz by Devin Lee

Grade 7

Mathematics

Texas Essential Knowledge and Skills (TEKS)

Customize this quiz to suit your class

Instantly translate to 100+ languages

Measures 3 skills from

Grade 7

Mathematics

Texas Essential Knowledge and Skills (TEKS)

7.13.A: Personal Financial Literacy

calculate the sales tax for a given purchase and calculate income tax for earned wages

7.13.E: Personal Financial Literacy

calculate and compare simple interest and compound interest earnings

7.13.B: Personal Financial Literacy

identify the components of a personal budget, including income; planned savings for college, retirement, and emergencies; taxes; and fixed and variable expenses, and calculate what percentage each category comprises of the total budget

Track each student's skills and progress in your Mastery dashboards

Q 1/3
Score 0
300
Q 2/3
Score 0
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.
300
$3,828.84
$3750.00
$8,356.24
$7,578.84

Loading...

Related quizzes

Q 1/3
Score 0
300
Q 2/3
Score 0
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.
300
$3,828.84
$3750.00
$8,356.24
$7,578.84

3 questions

Q.

1

300 sec

7.13.A: Personal Financial Literacy

Q.

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.

2

300 sec

7.13.E: Personal Financial Literacy

Q.

Margie’s $1,600 budget is shown below. Which of the following statements does not represent the table?

3

300 sec

7.13.B: Personal Financial Literacy