Chapter 10 Housing Cost Review

• $108,000

• $110,850

• $116,700

• $120,000

Tags

CCSS.6.EE.B.7

• $123,764

• $179,265

• $180,000

• $185,000

Tags

CCSS.6.RP.A.3C

• $16,115

• $152,725

• $173,250

• $261,000

Tim and Kiesha Woodall purchased a home priced at $186,700. They put $28,005 down and finance the rest at 7% for 20 years. What is the amount of their monthly mortgage payment? Use the algebra formula.

• $1051.54

• $920.43

• $1226.55

• $1,867.00

James Chu purchased a home for $113,400. As a first-time homeowner, the n only requires 5% down payment. The rest is financed at 6.5% for 30 years. What is the amount of her monthly payment? Use the algebra formula.

• $581.74

• $7002.45

• $652.30

• $679.51

Shawn Fitzgerald finds a suitable property and agrees upon a selling price of $137,900. The mortgage company requires a 20% down payment and Shawn chooses to finance the property for 30 years at 8%. What is the total amount of interest charged.

• $137,630.00

• $197,261.47

• $182,205.20

• $187,560.00

• $4,235

• $5,765

• $6,120

• $7,340

Tags

CCSS.6.RP.A.3D

• $92,259

• $94,165

• $95,389

• $97,238

Tags

CCSS.6.RP.A.3C

• $55,800

• $58,200

• $66,900

• $67,500

Tags

CCSS.6.RP.A.3C

• $218

• $370

• $305

• $673