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Unit 2 Lessons 1 & 2 Review

Authored by Laura Causey

Mathematics

12th Grade

CCSS covered

Used 2+ times

Unit 2 Lessons 1 & 2 Review
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To find the amount of the down payment when given a percentage, you would....

Multiply the percentage (as a decimal) by the cost of the item.

Divide the percentage (as a decimal) by the cost of the item.

Add the percentage (as a decimal) to the cost of the item.

Subtract the percentage (as a decimal) from the cost of the item.

Tags

CCSS.6.RP.A.3C

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You make 20 monthly payments of $50.50, to find the sum of the monthly payments, you would...

Add 20 and $50.50

Subtract 20 from $50.50

Multiply 20 and $50.50

Divide $50.50 by 20

Tags

CCSS.7.EE.B.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is another name for a finance charge?

Down Payment

Monthly Payments

Interest

APR

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Faith is taking an $8,100, 2.5 year loan, with an APR of 3.22%. How would you find the monthly payment for the loan?

Use the monthly payment table.

Use the monthly payment formula.

Use the Payday APR formula

Multiply 8100, 2.5 and 0.0322

5.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Faith is taking an $8,100, 2.5 year loan, with an APR of 3.22%. What is her monthly payment for this loan?

(a)  

6.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Faith is taking an $8,100, 2.5 year loan, with an APR of 3.22%. What is the Principal?

(a)  

Tags

CCSS.7.RP.A.3

7.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Faith is taking an $8,100, 2.5 year loan, with an APR of 3.22%. What is the total of her monthly payments for this loan?

(a)  

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