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4-4 & 4-5: Credit Cards & Statements

Authored by Chris Wood

Mathematics

11th - 12th Grade

CCSS covered

Used 26+ times

4-4 & 4-5: Credit Cards & Statements
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You had the below balances on your credit card for the last billing period. Find the average daily balance.


1 Day: $50

2 Days: $75

3 Days: $100

4 Days: $125

5 Days: $150

6 Days: $175

9 Days: 200

$148.38

$148.39

$153.33

$153.34

Tags

CCSS.7.NS.A.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You had the below balances on your credit card for the last billing period. Find the average daily balance.


9 Days: $750

10 Days: $875

10 Days: $1000

$879.31

$879.32

$850

$822.58

Tags

CCSS.7.NS.A.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You had the below balances on your credit card for the last billing period. Find the average daily balance.


25 Days: $1039.54

5 Days: $1045.79

1 Day: $1050.88

$1075.62

$1075.61

$1040.92

$1040.91

Tags

CCSS.6.NS.B.3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You had the below balances on your credit card for the last billing period. Find the average daily balance.


14 Days: $9231.48

10 Days: $9537.92

4 Days: $9545.88

$9385.83

$9385.84

$8760.11

$8760.12

Tags

CCSS.6.NS.B.3

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You had the below balances on your credit card for the last billing period. Find the average daily balance.


5 Days: $1000

5 Days: $2000

5 Days: $3000

5 Days: $4000

5 Days: $5000

5 Days: $6000

$3500

$3387.09

$3387.10

$3750

Tags

CCSS.7.NS.A.3

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You applied for a credit card from a local bank. You were given a card with an APR of 30%. What is your monthly percentage rate?

0.35%

3.5%

0.25%

2.5%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You applied for a credit card from a local bank. You were given a card with an APR of 24%. What is your monthly percentage rate?

1%

2%

3%

4%

Tags

CCSS.7.RP.A.3

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