Penn Money Management 700141RR
Question
Question 1
1. A water tank can hold 234 cubic meters of water. How many gallons can the water tank
hold?
A. 61,776 gallons
B. .886 gallons
C. 6,176 gallons
D. 23,400 gallons
Question 2
2. A home mortgage is usually borrowed for how long?
A. 15–25 years
B. 5–10 years
C. 20–30 years
D. 10–15 years
Question 3
3. How many feet are in 24 yards?
A. 288
B. 72
C. 8
D. 2
Question 4
4. John and Mary Billings own a condominium with an assessed value of $110,000. If the tax
rate is 25 mills per $1.00 of assessed valuation, how much tax do they pay?
Question
Question 1
1. A water tank can hold 234 cubic meters of water. How many gallons can the water tank
hold?
A. 61,776 gallons
B. .886 gallons
C. 6,176 gallons
D. 23,400 gallons
Question 2
2. A home mortgage is usually borrowed for how long?
A. 15–25 years
B. 5–10 years
C. 20–30 years
D. 10–15 years
Question 3
3. How many feet are in 24 yards?
A. 288
B. 72
C. 8
D. 2
Question 4
4. John and Mary Billings own a condominium with an assessed value of $110,000. If the tax
rate is 25 mills per $1.00 of assessed valuation, how much tax do they pay?
