MAP4C Lesson Assignment 20
n this assignment you are going to focus on: Mortgage Expenses
Total Marks: 80 marks
Instructions:
After completing the lesson action section of your home page, you are ready to complete your lesson assignment. Follow
these steps.
a) In the textbox given, explain the strategy that you used to determine your answer.
b) Fill in your answer. The mark for each question is given at the introduction to the questions to be completed.
c) When finished answering all your questions, save your file and upload the file into the appropriate dropbox.
Part A (Using the Concepts): Multiple Choice: ( marks) Each question is worth different marks according to the
strategy used. If calculations are required, the mark for the strategy will worth more marks and the final answer will be
worth one mark.
Identify the choice that best completes the statement or answers the question. Your choices are given below the text box.
Make sure you include your strategy.
1. (four marks) John moved out of his parents’ home and into a one-bedroom apartment four months ago. He
recorded his expenses over this period.
Jan. 01 - first and last months’ rent - $1500
Jan. 07 - activate cable - $75
Jan. 14 - top up cellular telephone time - $25
Feb. 01 - rent - $750
Feb. 15 - natural gas bill - $109
Feb. 24 - electricity bill - $56
Mar. 01 - rent - $750
Mar. 10 - cable bill - $62.58
Mar. 17 - natural gas bill - $98
Mar. 30 - top up cellular telephone time - $40
Apr. 01 - rent - $750
Apr. 19 - natural gas bill - $75
Apr. 25 - electricity bill - $55
a) Calculate John’s expenses by type for the four months.
b) Which expense is most likely to decrease over the next few months?
MAP4C Lesson Assignment Page 1

MAP4C Lesson Assignment 20 | Mortgage Expenses

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