Refer to our Texas Go Math Grade 8 Answer Key Pdf to score good marks in the exams. Test yourself by practicing the problems from Texas Go Math Grade 8 Module 16 Answer Key Managing Your Money and Planning for Your Future.

## Texas Go Math Grade 8 Module 16 Answer Key Managing Your Money and Planning for Your Future

**Texas Go Math Grade 8 Module 16 Are You Ready? Answer Key**

**Multiply**

Question 1.

Answer: 92.92

Explanation:

There are 2 total decimal places in both numbers.

Ignore the decimal places and complete the multiplication as if operating on two integers.

Rewrite the product with 2 total decimal places.

So, the answer is 92.92

Question 2.

Answer: 27.09

Explanation:

There are 2 total decimal places in both numbers.

Ignore the decimal places and complete the multiplication as if operating on two integers.

Rewrite the product with 2 total decimal places.

So, the answer is 27.09

Question 3.

Answer: 158.76

Explanation:

There are 2 total decimal places in both numbers.

Ignore the decimal places and complete the multiplication as if operating on two integers.

Rewrite the product with 2 total decimal places.

So, the answer is 158.76

Question 4.

Answer: 0.3870

Explanation:

There are 4 total decimal places in both numbers.

Ignore the decimal places and complete the multiplication as if operating on two integers.

Rewrite the product with 2 total decimal places.

So, the answer is 0.3870

**Find the percent.**

Question 5.

4% of 40 __________

Answer: 1.6

Explanation:

Finding the fraction of a number is similar to multiplying the fractions with the whole number.

4% = 4/100 or 0.04

4/100 × 40 = 16/10 = 1.6

or

0.04 × 40 = 1.6

Therefore the answer is 1.6

Question 6.

7% of 300 ________

Answer: 21

Explanation:

Finding the fraction of a number is similar to multiplying the fractions with the whole number.

7% = 7/100 or 0.07

7/100 × 300 = 21

or

0.07 × 300 = 21

Therefore the answer is 21.

Question 7.

4.3% of 1,200 _______

Answer: 51.6

Explanation:

Finding the fraction of a number is similar to multiplying the fractions with the whole number.

4.3% = 4.3/100 or 0.043

4.3/100 × 1200 = 51.6

or

0.043 × 1200 = 51.6

Therefore the answer is 51.6

**Evaluate. Round to the nearest hundredth.**

Question 8.

120(1 + 0.02)^{2} ____________

Answer:

Given,

120(1 + 0.02)^{2}

First add the whole number with the decimal number.

120 (1.02)² = 120 × 1.04

120 × 1.04 = 124.8

Now we have to Round to the nearest hundredth.

124.80 to the nearest hundredth.

To round 124.80 to the nearest hundredth consider the thousandths’ value of 124.8, which is 0 and less than 5. Therefore, the hundredths’ value of 124.8 remains 0.

Question 9.

450(1 + 0.05)^{2} ____________

Answer:

Given,

450(1 + 0.05)^{2}

First, add the whole number with the decimal number.

450 (1.05)^{2 }

450 × 1.1025 = 496.125

Now we have to Round to the nearest hundredth.

496.125 to the nearest hundredth.

To round 496.125 to the nearest hundredth consider the thousandths’ value of 496.125, which is 5 and equal or more than 5. Therefore, the hundredths value of 496.125 increases by 1 to 3.

496.125 to the nearest hundredth is 496.13

Question 10.

900(1 + 0.03)^{2} ___________

Answer:

Given,

900(1 + 0.03)^{2}

First, add the whole number with the decimal number.

900(1.03)² = 900 × 1.0609

900 × 1.0609 = 954.81

Now we have to Round to the nearest hundredth.

954.81 to the nearest hundredth.

954.81 to the nearest hundredth is 954.80

Question 11.

75(1 + 0.01)^{2} ____________

Answer:

Given,

75(1 + 0.01)^{2}

First, add the whole number with the decimal number.

75(1.01)² = 75 × 1.0201

75 × 1.0201 = 76.50

Now we have to Round to the nearest hundredth.

76.50 to the nearest hundredth is 76.50

**Texas Go Math Grade 8 Module 16 Reading Start-Up Answer Key**

**Visualize Vocabulary**

Use the ✓ words to complete the graphic organizer. You will put one word in each box.

**Understand Vocabulary**

**Complete the sentences using the preview words.**

Question 1.

The amount of money paid by banks and others to use money in an account is ______________.

Answer: The amount of money paid by banks and others to use money in an account is a **checking account.**

Question 2.

____________________ is earned on an annual basis using the formula l = Prt.

Answer: **Simple Interest** is earned on an annual basis using the formula l = Prt.

Interest earned according to this formula is called simple interest.

**Active Reading
**Tri-Fold Before beginning the module, create a tri-fold to help you learn the concepts and vocabulary in this module. Fold the paper into three sections. Label the columns “What I Know”. What I Need to Know$and “What I Learned.” Complete the first two columns before you read. After studying the module, complete the third column.

Answer: