4.2: Buying a Home
Quiz
•
Mathematics
•
11th - 12th Grade
•
Practice Problem
•
Hard
+20
Standards-aligned
Chris Wood
Used 68+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What word means the part of the price paid at the time of purchase?
Down Payment
Financed
Interest
Mortgage
Principal
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.3
CCSS.RI.9-10.5
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What word means the same thing as borrowed?
Down Payment
Financed
Interest
Mortgage
Principal
Tags
CCSS.RI.11-12.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RL.11-12.4
CCSS.RL.9-10.4
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What word is a payment charged to the borrower for the use of money?
Down Payment
Financed
Interest
Mortgage
Principal
Tags
CCSS.RF.3.3B
CCSS.RF.3.3C
CCSS.RF.3.3D
CCSS.RF.4.3A
CCSS.RF.5.3A
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What word is another word for a property loan?
Down Payment
Financed
Interest
Mortgage
Principal
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What word means the amount of money loaned to a creditor?
Down Payment
Financed
Interest
Mortgage
Principal
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.3
CCSS.RI.9-10.3
CCSS.RI.9-10.5
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Annual Salary: $92,250
Maximum Mortgage Amount: _____
$230,525
$230,625
$230,725
$230,825
$230,925
Tags
CCSS.HSA-SSE.A.1A
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Weekly Salary: $399
Maximum Mortgage Amount: _____
$51,570
$51,670
$51,770
$51,870
$51,970
Tags
CCSS.6.EE.B.8
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