4-2: Loans

4-2: Loans

11th - 12th Grade

15 Qs

quiz-placeholder

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4-2: Loans

4-2: Loans

Assessment

Quiz

Mathematics

11th - 12th Grade

Practice Problem

Medium

CCSS
HSA.SSE.A.1, HSF.BF.A.2, 4.NBT.A.1

+13

Standards-aligned

Created by

Chris Wood

Used 17+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determine the number of thousands in 6,100.

6100

610

61

6.1

Tags

CCSS.2.NBT.B.7

CCSS.2.NBT.B.9

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determine the number of thousands in 125,000.

125

1,250

12,500

125,000

Tags

CCSS.4.NBT.A.1

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determine the number of thousands in 45,700.

45.7

457

4,570

45,700

Tags

CCSS.5.NBT.A.1

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determine the number of thousands in 9,830,000.

983,000

98,300

9,830

983

Tags

CCSS.4.NBT.A.1

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determine the number of thousands in 85,000.

8,500

850

85

8.5

Tags

CCSS.5.NBT.A.1

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Using the table, what is the total amount of the monthly payments for a $100,000, 2-year loan with an APR of 12%?


Hint: 2 years = 24 months

$79,704

$112,968

$70,272

$63,192

Tags

CCSS.HSF.BF.A.2

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Using the table, what is the total amount of the monthly payments for a $200,000, 3-year loan with an APR of 11%?


Hint: 3 years = 36 months

$186,120

$207,288

$235,728

$335,592

Tags

CCSS.HSF.BF.A.2

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