7th Lesson 20 Quiz Review

Mark took out a loan for $25,690 to purchase a new truck at a simple interest rate of 5.2%. How much interest will he pay on his truck after 5 years?

• $6,679.40

• $32,369.40

• $66,794

• $679.40

The Henley’s took out a new home loan for $195,000 at a simple interest rate of 4.3%. How much will they pay in interest after 30 years?

• $446,550

• $2515.50

• $25,155

• $251,550

Jennifer has a coupon for 25% off her entire meal of $17.89. What is the price of the meal after the discount?

• $13.42

• $4.47

• $4.48

• $0.44

How much commission would a salesperson earn for selling a $25,000 car? He receives a 18% commission.

• $4500

• $45

• $29,500

• $2500

Skateboards are on sale for 30% off. The regular price of a skateboard is $89,what is the discounted price?

• $26.70

• $36.70

• $62.30

• $54.30

A pair of jeans costs $34.00.  You have a coupon for 30% off the regular price. What is the sale price of the jeans after you use your coupon?

• $10.20
• $23.80
• $31.00
• $44.20

Determine the tax, tip & total on a restaurant bill that is $40, and you will pay 8% tax & 20% tip.

• Tax: $3.20, Tip: $8, Total: $28.80

• Tax: $3.20, Tip: $8, Total: $35.20

• Tax: $3.20, Tip: $8, Total: $45.20

• Tax: $3.20, Tip: $8, Total: $51.20

• None of the Above

Hank is buying a shirt that originally cost $25.00. It was on sale two weeks ago for 10% off. Today, it is an additional 20% off the original price. How much is the shirt now?