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4-1: Introduction to Consumer Credit

Authored by Chris Wood

Mathematics

11th - 12th Grade

CCSS covered

Used 27+ times

4-1: Introduction to Consumer Credit
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20 questions

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1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

You purchase an item that costs $5,100 and requires an 18% down payment. How much is the down payment, to the nearest cent?

$918

$283.33

$925

$283.34

Tags

CCSS.6.RP.A.3C

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

You purchase an item that costs $4,000 and requires a 20% down payment. How much is the down payment, to the nearest cent?

$800

$200

$900

$700

Tags

CCSS.6.RP.A.3C

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

You purchase an item that costs $19,200 and requires an 11% down payment. How much is the down payment, to the nearest cent?

$2,110

$2,111

$2,112

$2,113

Tags

CCSS.6.RP.A.3C

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

You purchase an item that costs $20,595 and requires a 9.5% down payment. How much is the down payment, to the nearest cent?

$1,956.50

$1,956.51

$1,956.52

$1,956.53

Tags

CCSS.6.RP.A.3C

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

You purchase an item that costs $9,873 and requires a 4.8% down payment. How much is the down payment, to the nearest cent?

$473.88

$473.89

$473.90

$473.91

Tags

CCSS.6.RP.A.3C

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

You want to purchase an item that costs $2,344. If you are on a payment plan and pay $150 per month, how many months will it take you to pay off the loan, to the nearest month?

15

16

17

18

Tags

CCSS.6.EE.B.7

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

You want to purchase an item that costs $14,000. If you are on a payment plan and pay $200 per month, how many months will it take you to pay off the loan, to the nearest month?

70

71

72

73

Tags

CCSS.6.EE.B.7

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