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Unit 10 Math

  •  English    19     Public
    financial literacy
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  • can you purchase gas for your car at a bank?
    no
  •  15
  • Jonathan built a shed in his friend's backyard to make some extra money. His friend paid him $970 for building the shed. The materials Jonathan had to buy cost $350. How much profit did Jonathan make?
    $620
  •  15
  • this month a family has the following variable expenses: $75, 350, $62, and $200 what is their total expenses?
    $687
  •  15
  • what do we call expenses that change in price
    variable expenses
  •  15
  • what do we call expenses that stay the same every month
    fixed expenses
  •  15
  • what do we call a plan used to manage expenses
    budget
  •  15
  • what do we call the money we made after all expenses are paid
    profit
  •  15
  • what is a loan
    something you can borrow money from the bank
  •  15
  • what is a savings
    money put aside for later
  •  15
  • The Wells family had fixed expenses and variable expenses to pay. The fixed expenses are $650 for their house payment, $375 for their car payment, $200 for utilities, $65 for their phone. What is the total fixed expenses?
    $1,225
  •  15
  • what is a bank
    a safe place to store money
  •  15
  • give an example of variable expense
    N/A
  •  15
  • give an example of a fixed expense
    varies
  •  15
  • group of boy scouts had a bake sale to raise money for camp. The cost of ingredients for all the brownies, cookies, and cakes was $95. The amount of money they received at the bake sale was $215. How much did they make in profit?
    $120
  •  15
  • Eddie's family had fixed expenses of $695 this month and variable expenses of $345 this month. What are their total expenses for the month?
    $1,040
  •  15
  • name a function of the bank
  •  15