Math Apps 2 down payment, finance, exact and ordinary interest

Math Apps 2 down payment, finance, exact and ordinary interest

Assessment

Assessment

Created by

Kathleen Aliperti

Mathematics

12th Grade

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25 questions

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1.

MULTIPLE CHOICE

15 mins • 4 pts

You are buying a home listed for $65,000. You are going to make a down payment of 20%. How much is your down payment?

2.

MULTIPLE CHOICE

15 mins • 4 pts

You are buying a home listed for $65,000. You are going to make a down payment of 20%. What is the cost of the mortgage?

3.

MULTIPLE CHOICE

15 mins • 4 pts

You are buying a home listed for $90,250. You are going to make a down payment of 19.1%. How much is your down payment?

4.

MULTIPLE CHOICE

15 mins • 4 pts

If you're buying a car for $19,600 and are required to pay 15% down payment, what will that be?

5.

MULTIPLE CHOICE

15 mins • 4 pts

If you're buying a car for $38,700 and put down 10% to start, how much will you have to finance in your loan?

6.

MULTIPLE CHOICE

15 mins • 4 pts

Your aunt just bought a $4,500 TV. She's only able to pay a 5% down payment. She then pays $360 each month for a year. How much did she pay in total for the TV?

7.

MULTIPLE CHOICE

15 mins • 4 pts

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?

8.

MULTIPLE CHOICE

15 mins • 4 pts

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

9.

MULTIPLE CHOICE

15 mins • 4 pts

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?

10.

MULTIPLE CHOICE

15 mins • 4 pts

Media Image

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

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