Consumer Final Review

Your credit card statement showed a previous balance of $389.45, a finance charge of $6.21, new purchases of $78.32, and a payment of $100.00. What is her new balance?

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CCSS.7.NS.A.3

Your charge account statement showed a previous balance of $142.81, a finance charge of $5.85, new purchases of $106.74, and a payment of $70.00. What is her new balance?

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CCSS.7.NS.A.3

Andrea has a previous credit card balance of $123.00. She made a payment of $10.00. The finance charge is 2% of the unpaid balance. What is the finance charge? 

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CCSS.6.RP.A.3C

Jennifer has a previous balance at a retail store of $309.00. She had a payment of $70.00. The finance charge is 6.5% of the unpaid balance. What is the finance charge?

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CCSS.6.RP.A.3C

Grant's bank granted him a single-payment loan of $5,400 to pay a repair bill. He agreed to repay the loan in 90 days at an exact interest rate of 5%. How much did he pay in interest?

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CCSS.7.RP.A.3

Patrick's bank granted him a single-payment loan of $1,300 to pay a repair bill. He agreed to repay the loan in 30 days at an exact interest rate of 6%. How much did he pay in interest?

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CCSS.7.RP.A.3

Mark needs to borrow $900. He takes out a single-payment loan for 180 days at an ordinary interest rate of 12.3%. 

How much did he pay in interest?

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CCSS.7.RP.A.3

Mark needs to borrow $900. He takes out a single-payment loan for 180 days at an ordinary interest rate of 12.3%. What is the maturity value of the loan?

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CCSS.7.RP.A.3

Manny needs to borrow $700. He takes out a single-payment loan for 120 days at an ordinary interest rate of 9.5%. How much did he pay in interest? 

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CCSS.7.RP.A.3

Rick purchased a car for $10,000. He made a 6% down payment and financed the remainder. What was his amount financed? 

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CCSS.6.RP.A.3C