Consumer Math Pre Assessment

Front

It is important to compare the ____________ of different options when purchasing expensive items.

Back

total costs

Front

When you own a house, you need to pay _________ to the town or city you live in every year.

Back

real estate taxes

Front

______________ are all the extra fees you pay when buying a house (ex. attorney fees, credit report, title search, etc.).

Back

closing cost

Front

To figure out how much you paid in interest, you need to subtract the total amount you pay back minus how much you ________________ in the first place.

Back

borrowed

Front

What do banks and mortgage companies charge you to borrow their money?

Back

interest

Front

A _______________ loan is money you borrow to buy a house.

Back

mortgage

Front

Who are charged more for auto insurance because they get into more accidents?

Back

Males

Front

Julie has a $1,500 deductible on her insurance policy. Today, she wrecked her car, causing $4,000 damage to her vehicle. What is her insurance company responsible for paying?

Back

$2,500

Front

Another term for MSRP is ____________.

Back

sticker price

Front

The name for a renter is:

Back

tenant