
Final CLA Q4
Authored by Timothy Latour
Mathematics
9th - 12th Grade
CCSS covered
Used 13+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
In order to start a new business, a student takes out a simple interest loan for $4000 for 1 year at a rate of 8.25%.
How much interest must the student pay?
$330
$300
$4,330
$8.25
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
You invested $2,000 in an account that earns 4% simple interest every year. If you leave that money in the account, what will be the FUTURE VALUE in 5 years?
$2,400
$400
$4,000
$2,000
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
A bank offers a CD that pays a simple interest rate of 6.5%. How much must you put in this CD now in order to have $3000 for a home-entertainment center in 2 years?
(round to the nearest penny)
$2,654.87
$654.87
$3,285.50
$3,654.87
Tags
CCSS.6.EE.B.7
4.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
How much money will I have at the end of 5 years if I invest $25,000 in an account with an interest rate of 6% compounded annually?
round to the nearest dollar
$33,456
$25,556
$36,500
$26,500
5.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
If I invest $100,000 and get a return of 12% compounded monthly. How much money will be in the account at the end of 20 years?
round to the nearest dollar
$1,089,255
$189,256
$112,000
$964,620
6.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
Mr. LaTour invests $20,000 in an account that earns 10% interest that compounds annually for 20 years.
Mrs. Murphy invested $20,000 in an account that earns 10% interest that compounds monthly for 20 years.
How much more money will Mrs. Murphy have than Mr. LaTour at the end of 20 years?
(Round to the nearest dollar)
$12,011
$134,550
$146,561
$281,111
7.
FILL IN THE BLANK QUESTION
10 mins • 1 pt
A 33 foot ladder leans against a building, so that the angle between the ground and the ladder is 80°. How high does the ladder reach up the side of the building?
-----round to nearest tenth place-----
one decimal place
example: 12.5
Tags
CCSS.HSG.SRT.D.10
CCSS.HSG.SRT.D.11
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