1. Section 1

1.35. Are You Ready?

Mathematics 20-3 Module 1

Section 1: Personal Budgets

 

Are You Ready?

 

Use your estimating and mental-math skills to answer the following questions. Then check your estimates with a calculator. How close were your estimates?

  1. Jeremy wants to save 9.5% of his monthly take-home income of $2165. About how much money does he wish to save? Answer
  1. In this photo, two people prepare to watch a wide-screen television. Polka Dot/Thinkstock
    Petra’s net pay is $3865. She does not want to spend more than 21% of her income on her car. Approximately how much money should she budget for her car? Answer
  1. Hannah has her eye on a wide-screen television for $1989. To buy this TV in one year, how much would she have to save every day? Answer

If you answered the Are You Ready? questions without problems, move on to Discover.

 

If you found the Are You Ready? questions to be difficult, complete Refresher to review these topics.