Financial Literacy Concepts
What do we call the money you earn from doing a job?
Income
What do we call the two lines that make up a coordinate plane?
X and Y axis's
What is the average of 4, 6, and 8?
6(mean)
What is the chance of flipping heads on a coin?
1 out of 2
Solve: x + 5 = 10
x=10
What do you call the money you save and earn interest on at the bank?
Savings Account
What is the name of the point (0, 0)?
Orgin
What is the mode of this set: 2, 4, 4, 6, 8?
4
You roll a number cube (1–6). What is the probability of rolling a 4?
1/6
Solve: 2x = 8
x=4
You want to buy a $60 video game in 4 weeks. How much do you need to save each week?
$15
Plot the point (–4, 2). What quadrant is it in?
Quadrant II
Find the mean of 2, 3, 7, 8, 10.
6
If you roll two dice, what is the probability of getting a total of 2?
1/36
Solve: 2x – 5 = 9
x=7
If you spend more money than you have, what do you create?
Debt
What quadrant is the point (3, -5) in?
Quadrant VI
What is the median of 1, 3, 3, 7, 9?
3
You roll two fair six-sided dice. What is the probability that the sum is a prime number?
5/12
Solve: x/3 = 6
x=18
If you earn $20 and spend $15, what is your profit?
$5
If a point is on the x-axis, what is its y-coordinate?
0
What is the range of 5, 10, 15, 20?
15
A spinner has 4 equal sections: red, yellow, green, blue. What’s the chance of not getting red?
3/4
Solve: 3x + 2 = 11
x=3