Exam 2.1 down payment,mortgage loans

Exam 2.1 down payment,mortgage loans

12th Grade

20 Qs

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Exam 2.1 down payment,mortgage loans

Exam 2.1 down payment,mortgage loans

Assessment

Quiz

Mathematics

12th Grade

Easy

CCSS
6.RP.A.3C, 3.OA.D.8

Standards-aligned

Created by

Kathleen Aliperti

Used 2+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

John wants to purchase a $269,000 house. His bank is requiring a 15% down payment. How much will John's down payment be?

$15,000

$40,350

$228, 650

Tags

CCSS.6.RP.A.3C

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Shane needs a 10% down payment to buy a $304,990 house. How much money will he need?

$30,499

$34,990

$100,00

Tags

CCSS.6.RP.A.3C

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Sarah wants to buy a $180,500 house. She needs a 5% down payment. How much money will she need for the down payment?

$500

$5000

$9025

Tags

CCSS.6.RP.A.3C

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Marshall needs a 15% down payment to buy a $357,600 house. How much money will he need for the down payment?

$15,000

$53,640

$57,600

Tags

CCSS.6.RP.A.3C

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Noah wants to buy a $275,300 house. The bank requires a 20% down payment. How much money does he need for the down payment?

$53,000

$55,060

$75,300

Tags

CCSS.6.RP.A.3C

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A down payment is.................?

the amount borrowed for a house needed in a check after purchase

the amount financed needed in cash after the time of purchase

a percent of the purchase price needed in cash at the time of purchase

Tags

CCSS.6.RP.A.3C

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Mrs. P wants to move to Alaska and buy a house. She finds a house for $110,400, but must have a 30% down payment. How much money does she need for the down payment

$12,000

$30,000

$33,120

Tags

CCSS.6.RP.A.3C

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