All Levels: Analyze the following chart. Use the chart to help answer homework questions!
Okonkwo shares an apartment with Obierika. Okonkwo’s
monthly income is $1,000.00. They share all expenses equally.
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Okonkwo’s Shared Expenses
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Fixed Expense
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Cost
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Variable Expense
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Cost
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Rent
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$500.00
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Utilities
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$75.00
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Cable TV
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$25.00
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Phone
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$43.00
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Level 1: Answer the
following questions to the best of your ability.
1. Okonkwo’s share
of the rent is $500.00 a month. He pays the same amount as his roommate. How
much is the total cost of the rent each month?
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Choose the correct answer:
$500.00 + $500.00
= ___________ a) $1600.00 b) $1000.00 c) $550.00
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2. What is the
total of Okonkwo’s monthly fixed expenses for the apartment?
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Choose the correct answer:
$500.00 + $25.00
= __________ a) $535.00 b)
$525.00 c) $515.00
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3. After Okonkwo
pays his shared expenses, how much money is left for savings and other
expenses?
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Choose the correct answer:
$500.00 + $25.00
+ $75.00 + $43.00 = ______________
a) $743.00 b) $567.00 c)$643.00
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4. Suppose Okonkwo’s
cable TV bill increases by $5.60 a month. How much would his share be then?
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Choose the correct answer:
$75.00 + 5.60 = _____________
$500.00 + $25.00
+ $____.00 + $43.00 = ______________
a). $743.00 b).
$648.60 c). $643.00
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Level 2: Answer the
following questions to the best of your ability.
1. Okonkwo’s share of the rent is $500.00 a month. He pays the same
amount as his roommate. How much is the total cost of the rent each month?
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Add the rent payments:
$500.00 + $_________ = $______________________
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2. What is the total of Okonkwo’s monthly fixed expenses for the
apartment?
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Add the fixed expenses:
Rent Cable TV
$___________ + $_________ = $_________ $1,000 - $________ = $________
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3. After Okonkwo pays his shared expenses, how much money does he have
left for savings and other expenses?
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Add the following quantities:
Rent Cable TV Utilities Phone
$___________ + $___________ + $___________ +
$___________= $__________
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4. Suppose Okonkwo’s cable TV bill increases by $5.60 next month. How
much would his’s share be?
how much money does
would be left for savings and other expenses?
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Add the following quantities:
$500.00 + $25.00
+ $75.00 + $43.00 + $5.60 = _____________
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Level 3: Answer
the following questions to the best of your ability.
1. Okonkwo’s share
of the rent is $550.00 a month. He pays the same amount as his roommate. How
much
is the total cost of the rent each month?
|
Please show your work:
|
2. What is the total of Okonkwo’s monthly fixed expenses for the
apartment?
|
Please show your work:
|
3. After Okonkwo pays al his shared expenses, how much money is left for savings
and other expenses?
|
Please show your work:
|
4. Suppose Okonkwo’s
cable TV bill increases by $5.60 a month. How much would his share be then? How
much would be left for savings and other expenses?
|
Please show your work:
|
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