
DOWN PAYMENTS & FINANCING
Authored by Aaron Munguia
Mathematics
11th Grade
CCSS covered
Used 24+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Purchasing a car on a loan through the bank or dealership is called:
Tags
CCSS.7.EE.B.3
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Brenda's bank offers car financing for 3, 4, or 5 years. If Brenda chooses 5-year financing, how many monthly payments will she have?
Tags
CCSS.7.EE.B.3
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Jaclyn has decided to purchase an $11,000 car. She pans on putting $1000 down towrd the purchase, and financing the rest at 4.8% interest rate for 3 years. What is the amount financed?
$4.8%
$9,000.48
$10,000.00
$1,000.00
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Omar has decided to purchase a $11,000 car. He plans on putting 20% down toward the purchase, and financing the rest at 4.8% interest rate for 3 years. Find his monthly payment.
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
If you put down 20% on a $7000 car and pay monthly payments of $109.40 for 60 months, what is the total amount of down payment?
$7262.95
$1,400.89
$7,004.78
$1,400.00
Tags
CCSS.8.EE.C.7B
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Tiffany has decided to purchase an $11,000 car. She pans on putting 30% down toward the purchase, and financing the rest at 5.8% interest rate for 4 years. Find her down payment.
$3,300.00
$3,000.00
$330.00
$3,300.81
Tags
CCSS.6.EE.B.7
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Tiffany has decided to purchase an $11,000 car. She pans on putting 30% down toward the purchase, and financing the rest at 5.8% interest rate for 4 years. Find the amount financed.
$8,300.00
$7,700.00
$7,307.00
$7,300.81
Tags
CCSS.6.RP.A.3C
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