Housing Market
Authored by Joe Cavazos
Business
9th - 12th Grade
Used 19+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In Our Class what did we say was the "American Dream"
To rent an Apartment that you can afford.
To Rent a Home that is big enough for your needs.
To have the choice to pick, choose, and buy which ever home you can afford.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Every home is measured using what type of measurment?
Perimeter
Area
Cost
Square Feet
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
We learned how to check if you are getting a good deal on buying a home. Which method below explains the math needed to see if you are getting a good deal. (HINT PRICE PER SQUAR FOOT)
Price multiplied by Square Feet
Square Feet Divided by Price
Price divided by Square Feet
Square Feet multiplied by Price
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you get a home loan you pay once a month. Since there are 12 months in 1 year, how many payments would you make if you got a loan for 30 years?
460
360
630
380
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
USE A CALCULATOR OR EXCEL - Which is the better deal by using price per square foot?
House one - $349,000 with 3,317 SQFT
House two - $220,000 with 1,606 SQFT
House three - $155,000 with 1,246 SQFT
House one
House two
House three
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
USE A CALCULATOR OR EXCEL - Which is the WORST deal by using price per square foot?
House one - $349,000 with 3,317 SQFT
House two - $220,000 with 1,606 SQFT
House three - $155,000 with 1,246 SQFT
House one
House two
House three
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Remember there is a difference between leasing and renting. Which is best to go for when you are ready to settle into a city for at least a year?
Rent
Lease
Loan
Sell
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