
CCSS.Math.Content.HSA.SSE.B.4
Quiz
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Mathematics
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Hard
Standards-aligned
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20 questions
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1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Olivia would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly. If she spent $7,400, how much total will she have paid after 8 years.
Tags
CCSS.Math.Content.HSA.SSE.B.4
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mark took a loan out for $25,690 to purchase a truck. At an interest rate of 5.2% compounded monthly, how much total will he have paid after 5 years?
Tags
CCSS.Math.Content.HSA.SSE.B.4
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Shawn is buying a new Jet Ski for $12,500. He is considering two credit options. Option A offers a 6 year loan with 8.5% interest compounded quarterly, while Option B offers a 5 year loan with 10% interest compounded annually. Which is the better option and how much will he save?
Tags
CCSS.Math.Content.HSA.SSE.B.4
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Shawn is buying a new Jet Ski for $12,500. He is considering 2 credit options. Option A offers a 6 year loan with 8.5% interest compounded quarterly, while Option B offers a 5 year loan with10% interest compounded annually.Which option is better and how much will he save?
Tags
CCSS.Math.Content.HSA.SSE.B.4
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is the sum of the first 10 terms for the following geometric series:
2-6+18-54+...
Tags
CCSS.Math.Content.HSA.SSE.B.4
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
You borrowed $1,690 for 5 1/2 years at an interest of 5.7% compounded annually. How much extra did you pay by taking out the loan?
Tags
CCSS.Math.Content.HSA.SSE.B.4
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Use the formula Sn to find the sum of the first five terms of the geometric sequence.
124/3
41
42
125/3
Tags
CCSS.Math.Content.HSA.SSE.B.4
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