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

Quiz
•
Mathematics
•
11th - 12th Grade
•
Medium
Standards-aligned

Chris Wood
Used 24+ times
FREE Resource
15 questions
Show all answers
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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