
Homework 8.2
Quiz
•
Mathematics
•
8th Grade
•
Medium
Aurora Hartley
Used 72+ times
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Leo will be attending The University of Texas. His total cost for one year's attendance is $18,750. Leo qualifies for a total of $8,000 in scholarships and grants per year, and he will earn $2,500 each year through a work-study program. Including financial aid, what should Leo estimate the cost per year to be?
$8,250
$29,250
$13,250
$10,500
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much interest will be earned in three years
from $730 placed in a savings account at 6.5%
simple interest?
$142.35
$892.53
$587.65
$1,423.50
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mrs. Conner bought a house for $55,000 with a
simple interest rate of 7% for 15 years. How much
did she pay for her house?
$57,750
$112,750
$2,750
$577,500
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Meghan is attending a college where tuition is $8,600 per year. She received a $3,000 grant and her parents will give her another $2,500. How much will Meghan have to earn on a work-study program to pay for the first year’s tuition?
$3,100
$14,100
$9,100
$8,100
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Brent took out a 48-month loan for $16,000 to
buy a car. If the simple interest rate was 8%, how
much will he pay for the car including interest?
$5,120
$21,120
$61,440
$45,440
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
18 months = ? years
1 year
1.5 years
2 years
2.5 years
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