
Business Management- Math
Quiz
•
Business
•
10th - 12th Grade
•
Medium
Standards-aligned
Quinn Huddle
Used 4+ times
FREE Resource
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15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Liz and Rob purchased a house for $565,000. They put 20% down on the house. What was their down payment?
$113,000
$452,000
$11,300
$553,700
Tags
CCSS.6.RP.A.3C
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Marcus and Kenya purchased a house for $325,000. They put 15% down on the house. What is their mortgage amount?
$48,750
$276,250
$32,500
$292,500
Tags
CCSS.6.RP.A.3C
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Jen Sue got a $275,000 mortgage for 25 years at 6.0%. How much will the monthly mortgage payment be?
$1,688.50
$1,856.25
$1,650
$1,771
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The loan a person gets to purchase a house or a condominium is called a __________.
principal loan
interest term loan
P&I loan
mortgage
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term is used to describe money paid to the owner of a home?
Euros
Rent
Mortgage
Interest Payments
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When renting a home, what term refers to the owner of the home?
Boss
Coach
Tenant
Landlord
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
fee charged by a lender for the use of borrowed money; expressed as a percentage of the amount borrowed
Closing
Interest
Inflation
Credit History
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