Car buying quiz
Authored by Mister Olivan
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12th Grade
Used 2+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
GOOD CREDIT: Financed @ 60 months
TOTAL PRICE OF THE VEHICLE $100,531
INTEREST RATE % 3.9
DOWN PAYMENT REQUIRED $ 5,000
FINANCED AMOUNT $ ______________
MONTHLY CAR PAYMENT $ _________
TOTAL INTEREST PAID $ _____________
What is the TOTAL INTEREST PAID
$3,726
$3,715
$3,730
$4,000
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
GOOD CREDIT: Financed @ 60 months
TOTAL PRICE OF THE VEHICLE $100,531
INTEREST RATE % 3.9
DOWN PAYMENT REQUIRED $ 5,000
FINANCED AMOUNT $ ______________
MONTHLY CAR PAYMENT $ _________
TOTAL INTEREST PAID $ _____________
WHAT IS THE FINANCED AMOUNT?
$99,257
$104,257
$100,190
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
GOOD CREDIT: Financed @ 60 months
TOTAL PRICE OF THE VEHICLE $100,531
INTEREST RATE % 3.9
DOWN PAYMENT REQUIRED $ 5,000
FINANCED AMOUNT $ ______________
MONTHLY CAR PAYMENT $ _________
TOTAL INTEREST PAID $ _____________
WHAT IS THE MONTHLY CAR PAYMENT?
$1,670
$1,738
$1,654
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Financed @ 72 months
TOTAL PRICE OF THE VEHICLE $47,410
INTEREST RATE % 8.9__
DOWN PAYMENT REQUIRED $ 3,000_
FINANCED AMOUNT $ ______
MONTHLY CAR PAYMENT $ _______
TOTAL INTEREST PAID $ _______
WHAT IS THE FINANCED AMOUNT?
$48,362
$54,896
$51,629
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Financed @ 72 months
TOTAL PRICE OF THE VEHICLE $47,410
INTEREST RATE % 8.9__
DOWN PAYMENT REQUIRED $ 3,000_
FINANCED AMOUNT $ ______
MONTHLY CAR PAYMENT $ _______
TOTAL INTEREST PAID $ _______
WHAT IS THE INTEREST PAID?
$3,952
$4,328
$4,619
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Financed @ 72 months
TOTAL PRICE OF THE VEHICLE $47,410
INTEREST RATE % 8.9__
DOWN PAYMENT REQUIRED $ 3,000_
FINANCED AMOUNT $ ______
MONTHLY CAR PAYMENT $ _______
TOTAL INTEREST PAID $ _______
WHAT IS MONTHLY CAR PAYMENT?
$717
$672
$762
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
FAIR CREDIT: Financed @ 60 months
TOTAL PRICE OF THE VEHICLE $14,830_______________
INTEREST RATE % 5.9_________________
DOWN PAYMENT REQUIRED $ 2,000________________
FINANCED AMOUNT $ _____________________
MONTHLY CAR PAYMENT $ _____________________
TOTAL INTEREST PAID $ _____________________
WHAT IS THE TOTAL INTEREST PAID?
$993
$875
$ 757
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