GenMath Reviewer 2

GenMath Reviewer 2

University

71 Qs

quiz-placeholder

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GenMath Reviewer 2

GenMath Reviewer 2

Assessment

Quiz

Mathematics

University

Practice Problem

Hard

CCSS
7.RP.A.3, 8.EE.C.7B, RI.8.1

+26

Standards-aligned

Created by

MON PH

Used 4+ times

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71 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person (or institution) who invests the money or makes the funds available.

Creditor

Debtor

Borrower

Mortgagor

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the date on which money is received by the borrower?

Annually

Maturity Date

Origin

Repayment Date

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person (or institution) who owes the money or avails of the funds from the lender.

Mortgagee

Creditor

Lending Company

Debtor

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is in percent, charged by the lender, or rate of increase of the investment.

Rate

Principal

Interest

Time/Term

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount after t years; that the lender receives from the borrower on the maturity date.

Principal

Accumulated Value

Present Value

Interest

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the amount paid or earned for the use of money?

Interest

Payment

Penalty

Investment

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The type of interest that is computed solely on the principal and then added to it.

General Annuity

General Annuity

Simple Interest

Compound Interest

Tags

CCSS.HSF.BF.A.2

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