Linear Depreciation and Probability Financial Algebra

Linear Depreciation and Probability Financial Algebra

12th Grade

11 Qs

quiz-placeholder

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Linear Depreciation and Probability Financial Algebra

Linear Depreciation and Probability Financial Algebra

Assessment

Quiz

Mathematics

12th Grade

Hard

CCSS
HSF.LE.B.5, 6.EE.B.6, HSF-IF.C.7A

Standards-aligned

Created by

Barbara White

FREE Resource

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

David Padilla has $10,000 worth of property damage insurance. He collides with two cars and causes $12,000 worth of damage. How much money must David pay after the insurance company pays its share?

$2,000

$12,000

$10,000

$0

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Suzy Hernandez has 100/300 liability insurance. She drives through a stop sign and hits a telephone pole and bounces into a school bus with a bunch of little kids in it. Some are seriously hurt and sue her. Others have minor injuries.


The telephone will cost $10,000 to replace. She also did $11,500 worth of damage to the bus. How much will the insurance company pay in liability to fix the damage?

$0

$10,000

$11,500

$21,500

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mr. Marvulli went to Santa Cruz and some hippy with a Bernie Sanders sticker on his Honda purposely damages my truck door causing damages totaling $1,350. Mr. Marvulli has $500 comprehensive insurance and submits a claim to his insurance company.

How much will the insurance company pay?

$1,350

$500

$850

$0

Tags

CCSS.6.EE.B.6

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Keanu Wilkenson has $10,000 worth of property damage insurance and a $1,000 deductible collision insurance policy. He had a tire blowout while driving and crashed into a parked car causing $3,500 in damages to the other car. The crash also caused $1,800 in damages to his car.


How much will the insurance company pay for the damage to Keanu's car?

$3,500

$800

$1,800

$4,300

Tags

CCSS.6.EE.B.6

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Myranda Salyer purchased a used car for $12,500. This make and model used car straight line depreciates to zero after 4 years


Identify the coordinates of the x- and y-intercepts for the depreciation equation.

(0, 12,500) & (4, 0)

(12,500, 0) & (0, 4)

(0, 4) & (12,500, 0)

(4, 0) & (12,500, 0)

Tags

CCSS.HSF-IF.C.7A

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Roman Moisa purchased a used car for $12,500. This make and model used car straight line depreciates to zero after 4 years.


Determine the slope of the depreciation equation.

-3,125

-1950

3,125

-0.0032

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Roman Moisa purchased a used car for $12,500. This make and model used car straight line depreciates to zero after 4 years.


Write the straight line depreciation equation that models this situation.

y = -3125x + 4

y = -3125x + 12,500

y = 4x + 3125

y = -4x - 3125

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