3.1 Introduction to Consumer Credit - practice B
Authored by William Torres
Mathematics
12th Grade
CCSS covered
Used 2+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
30 questions
Show all answers
1.
OPEN ENDED QUESTION
3 mins • 1 pt
Heather wants to purchase an electric guitar. The price of the guitar with tax is $2,240. If she can save $90 per month, how long will it take her to save up for the guitar?
Evaluate responses using AI:
OFF
Tags
CCSS.6.EE.B.7
2.
OPEN ENDED QUESTION
3 mins • 1 pt
If Heather's guitar costs x dollars and she can save y dollars per month, express algebraically the number of months it would take Heather to save for the guitar.
Evaluate responses using AI:
OFF
Tags
CCSS.6.EE.B.7
3.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
If the Schusters pay $20 for 5 months, they will have paid a total of $100. Subtract to find what they owe in the 6th month. Purchase price – amount paid = $2,134 – $100 = _______.
Tags
CCSS.4.OA.A.3
4.
OPEN ENDED QUESTION
3 mins • 1 pt
Cecilia purchased $4,322 worth of home appliances on Appliance Depot's deferred payment plan. The plan allows the customer to make no down payment, and there is no payment at all for 3 months. If the entire $4,322 is paid in full before the 3 months is up, there is no interest. If it is not paid in full within the 3 months, there is a finance charge with an APR of 21.6% applied each month going back to the first month. If Cecilia makes the full payment a week after the 3 months expired, what is the finance charge?
Evaluate responses using AI:
OFF
Tags
CCSS.7.RP.A.3
5.
OPEN ENDED QUESTION
3 mins • 1 pt
If Cecilia’s plan was a 2-year deferred payment plan and she paid it a week late after the 2 years, would her total interest be more or less than $1,800? Explain.
Evaluate responses using AI:
OFF
6.
OPEN ENDED QUESTION
3 mins • 1 pt
Marty is making a layaway purchase of a $1,500 couch at Frank's Furniture Store. He will be paying $156 every 2 weeks for 20 weeks on a layaway plan. What is the layaway fee for this purchase?
Evaluate responses using AI:
OFF
7.
OPEN ENDED QUESTION
3 mins • 1 pt
Janet had a credit score of 660. She then missed three monthly payments on her credit cards, and her score was lowered x points. Express her new credit score algebraically.
Evaluate responses using AI:
OFF
Tags
CCSS.6.EE.B.6
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
