
qm semester one
Authored by BRETT HOWIE
3rd - 12th Grade
CCSS covered
Used 1+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
An APR of 25.99% in decimal form is....
.02599
.2599
2.599
25.99
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
APR stands for
annual profit rate
annual percentage rate
annual participation rate
annuity profit range
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
An APR of 5.4% in decimal form is....
.54
.054
5.4
.0054
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The original amount of money that is borrowed. The amount decreases when you make a payment.
Annual percentage rate (APR)
Loan amount or principal
Down payment
Loan terms
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The fee charged for the use of money.
Auto loan
Loan terms
Down payment
Annual percentage rate (APR)
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term of a loan?
No more than 5 years
The time period in which you agree to pay back the loan
How long you have on your loan before you start getting charged interest
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A loan obtained when you purchase a home and use the home as collateral is a(n)
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