
Calculating Monthly Payment
Authored by Kimberly Black
Mathematics
10th - 12th Grade
CCSS covered
Used 2+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What does the following formula calculate?
I=PrT
Compound interest
Annual interest
Account interest
Simple interest
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
The amount in the account
Balance
Budget
Interest
Financial systems
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which method of payment should I use when making a small online purchase?
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the difference between Debit and Credit?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When calculating your "total repayment" (what you will pay at the end) of your personal loan, you will multiply your monthly payments by:
years
days
months
bi-annually
Tags
CCSS.8.EE.C.7B
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which is more? Gross income or net income?
gross income
net income
neither, they are equal
Tags
CCSS.6.NS.C.7C
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Calculate the fuel costs based on the information provided. Round to the nearest hundredths.
329 miles driven; 20 miles per gallon; $3.71 per gallon
Tags
CCSS.7.EE.B.3
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