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Unit 10 Math
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Peter catches fish for a local restaurant. They pay him $1.75 for each fish he catches. So far this month he has brought in 200 fish. What have they paid him?
$350
umbo received $134 for his birthday. He wants to put half of it in the bank. How much money should he put in the bank?
$67
name a function of the bank
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
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
give an example of a fixed expense
varies
give an example of variable expense
N/A
what is a bank
a safe place to store money
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
what is a savings
money put aside for later
what is a loan
something you can borrow money from the bank
what do we call the money we made after all expenses are paid
profit
what do we call a plan used to manage expenses
budget
what do we call expenses that stay the same every month
fixed expenses
what do we call expenses that change in price
variable expenses
this month a family has the following variable expenses: $75, 350, $62, and $200 what is their total expenses?
$687
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
can you purchase gas for your car at a bank?
no