
AQR Unit 6 Exam
Authored by Deborah Rubio
Mathematics
12th Grade
Used 6+ times

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18 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A deposit of $5000 is made in an account that pays 5% interest, compounded monthly. After 50 years, how much money is in the account?
Between $10,000 and $15,000
Between $40,000 and $50,000
Between $60,000 and $70,000
More than $70,000
2.
DRAG AND DROP QUESTION
5 mins • 1 pt
Courtney has a balance on her credit card of $8,500 that charges her 23% interest compounded monthly. If she pays $350 a month, it will take Courtney (a) to pay the card off.
3.
DROPDOWN QUESTION
5 mins • 1 pt
If a bank requires a 10% down payment on a $19,000 car, (a) will be financed.
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Marley has a credit card with an APR of 20% and a current balance of $11,347.28. If Marley stops using her credit card and makes a $377 payment on her card each month, how many months will it take for her to pay off the card?
30
33
36
42
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Erica makes $15.50 an hour working 8 hours a day and 5 days per week. Calculate her annual gross income if there are 52 weeks in a year.
$36,448
$620
$32,240
$7,440
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is Jordan's net monthly income if she is paid an annual salary of $60,000 and 22.65% is deducted for taxes?
$3875
$5000
$1132
$2855
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Sarah received $75 in interest on her term deposit of $450 over 3 years. What was the simple interest rate per year? FV = P(1 + it)
5.6%
56%
22%
11.2%
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