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Financial Maths: Quiz 7 - Answers
Financial Maths: Quiz 7 - Answers
1)
2) £455.41
3) £490.65
4) £1,528.24
5) £6,250.19
6) £511.38
7)
- Credits – money that goes into your account
- Debits – money that leaves your account
2) £455.41
3) £490.65
4) £1,528.24
5) £6,250.19
6) £511.38
7)
8)
Working
Questions
Do not use a calculator for the first 6 questions. You may use a calculator for the final two questions.
1) Fill in the gaps below with either “goes into” or “leaves”.
2) I have to pay a bill that is £232.48. My bank balance before I pay the bill is £687.89. What is my bank balance after I pay the bill?
3) I have to pay a bill that is £38.71. My bank balance before I pay the bill is £529.36. What is my bank balance after I pay the bill?
4) My bank balance before I received my salary is £582.51. I then receive a salary of £945.73. What is my bank balance after receiving my salary?
5) My bank balance before I received my salary is £4,052.91. I then receive a salary of £2,197.28. What is my bank balance after receiving my salary?
6) My balance prior to going to a shop was £537.28. I then purchase a top that is £25.90. What is my bank balance after purchasing the top?
7) Fill in the missing gaps in the table below.
Do not use a calculator for the first 6 questions. You may use a calculator for the final two questions.
1) Fill in the gaps below with either “goes into” or “leaves”.
- Credits – money that ____________ your account
- Debits – money that ____________ your account
2) I have to pay a bill that is £232.48. My bank balance before I pay the bill is £687.89. What is my bank balance after I pay the bill?
3) I have to pay a bill that is £38.71. My bank balance before I pay the bill is £529.36. What is my bank balance after I pay the bill?
4) My bank balance before I received my salary is £582.51. I then receive a salary of £945.73. What is my bank balance after receiving my salary?
5) My bank balance before I received my salary is £4,052.91. I then receive a salary of £2,197.28. What is my bank balance after receiving my salary?
6) My balance prior to going to a shop was £537.28. I then purchase a top that is £25.90. What is my bank balance after purchasing the top?
7) Fill in the missing gaps in the table below.
8) Fill in the missing gaps in the table below.