4-1: Introduction to Consumer Credit

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.HSA.CED.A.1

CCSS.HSA.REI.B.3

CCSS.HSA.SSE.A.1

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.7.EE.B.3

CCSS.7.NS.A.2

CCSS.7.RP.A.3

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.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

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.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

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.7.RP.A.1

CCSS.7.RP.A.2

CCSS.7.RP.A.3

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.HSA.CED.A.1

CCSS.HSA.REI.B.3

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.HSA.CED.A.1

CCSS.HSA.REI.B.3

You want to purchase an item that costs $21,595. If you are on a payment plan and pay $250 per month, how many months will it take you to pay off the loan, to the nearest month?

• 84

• 85

• 86

• 87

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.REI.B.3

You want to purchase an item that costs $32,431. If you are on a payment plan and pay $300 per month, how many months will it take you to pay off the loan, to the nearest month?

• 109

• 108

• 107

• 106

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.REI.B.3

You want to purchase an item that costs $4,183. If you are on a payment plan and pay $350 per month, how many months will it take you to pay off the loan, to the nearest month?

• 9

• 10

• 11

• 12

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.REI.B.3