2. Rent to Own -Installment Plans
Authored by Timmi Bengela
Mathematics
9th - 12th Grade
CCSS covered
Used 59+ times
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10 questions
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1.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Monique purchases a $5,100 dining room set. She can’t afford to pay cash, so she uses the installment plan, which requires an 18% down payment. How much is the down payment?
Tags
CCSS.6.RP.A.3C
2.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Lisa purchased a professional racing bike that sells for $3,000, including tax. If requires a $200 down payment. The remainder, plus a finance charge, is paid back monthly over the next 2½ years. The monthly payment is $111.75. What is the finance charge?
Tags
CCSS.7.EE.B.3
3.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Snow-House sells a $1,980 snow blower on the installment plan. The installment agreement includes a 20% down payment and 12 monthly payments of $161 each. What is the finance charge?
Tags
CCSS.6.RP.A.3D
4.
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15 mins • 1 pt
Carey bought a $2,100 computer system on the installment plan. He made a $400 down payment, and he has to make monthly payments of $79.50 for the next two years. How much interest will he pay?
Tags
CCSS.7.RP.A.3
5.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Zeke bought a $2,300 bobsled on the installment plan. He made a $450 down payment, and he has to make monthly payments of $93.50 for the next two years. How much interest will he pay?
Tags
CCSS.6.RP.A.3D
6.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Gary is buying a $1,250 computer on the installment plan. He makes a down payment of $150. He has to make monthly payments of $48.25 for 2 1/2 years. What is the finance charge?
Tags
CCSS.7.EE.B.3
7.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Shania bought a $1,455 drum set on the installment plan. The installment agreement included a 15% down payment and 18 monthly payments of $80.78 each. What is the finance charge?
Tags
CCSS.7.RP.A.3
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