average daily balance interest
9th - 12th Grade
•141 Qs
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Mathematics Quiz
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average daily balance interest
Quiz
•
Mathematics
•
9th - 12th Grade
•
Practice Problem
•
Hard
Standards-aligned
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141 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
A client carries an average daily balance of $3648.78 on a card charging 16.74% APR from 03/01/2022 to 04/20/2022. What is the interest on this debt?
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
A client carries an average daily balance of $1227.24 on a card charging 23.25% APR from 03/03/2022 to 06/01/2022. What is the interest on this debt?
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
A client carries an average daily balance of $550.15 on a card charging 11.99% APR from 03/04/2022 to 04/18/2022. What is the interest on this debt?
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
A client carries an average daily balance of $924.73 on a card charging 20% APR from 03/05/2022 to 05/30/2022. What is the interest on this debt?
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
A client carries an average daily balance of $3924.22 on a card charging 11.75% APR from 03/07/2022 to 05/20/2022. What is the interest on this debt?
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
A client carries an average daily balance of $2840.44 on a card charging 6.74% APR from 03/09/2022 to 06/01/2022. What is the interest on this debt?
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
A client carries an average daily balance of $4728.4 on a card charging 23.99% APR from 03/10/2022 to 05/09/2022. What is the interest on this debt?
Tags
CCSS.7.RP.A.3
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