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Financial Algebra

Authored by Anthony Clark

Mathematics

12th Grade

CCSS covered

Financial Algebra
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15 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Two friends each have a balance of $5,000 on their credit cards with a 28% APR. It is better to pay off the credit card as fast as possible in order to....

pay less interest

pay more interest

it does not matter

decrease your credit score

Tags

CCSS.HSF.BF.A.2

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Matthew has a part-time job. He earns $12.92 per hour. The pictured table contains the number of hours he worked last week. How much money did Matthew earn last week?

$22.50

$35.42

$284.24

$290.70

Tags

CCSS.6.NS.B.3

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Rhonda works 40 hours per week and earns $550 per week. What is her hourly wage?

$13.00

$13.25

$13.50

$13.75

Tags

CCSS.6.RP.A.1

CCSS.6.RP.A.2

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Raymond earns $19.48 per hour. His earnings for one week are $730.50. How many hours did he work?

37 hours

37.25 hours

37.5 hours

37.75 hours

Tags

CCSS.6.NS.B.3

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Meredith earns $14.55 per hour. Last week, she worked 42.5 hours. For any hours over 40 hours per week she works, she earns overtime pay. That pay is 1.5 times her regular hourly wage. What were Meredith's total weekly earnings, including overtime pay, for last week?

$582

$618.37

$618.38

$636.56

Tags

CCSS.7.EE.B.3

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Chad works as a manager at a local convenience store. He earns $17.20 per hour, and last week he worked 45 hours. Because the five extra hours he worked were on a holiday, he received double time for those overtime hours. What were Chad's total weekly earnings, including overtime pay, for last week?

$668.00

$774.00

$860.00

$903.00

Tags

CCSS.7.EE.B.3

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Your monthly paycheck is $2,300. What would your paycheck be if you are paid weekly?

$530.76

$530.77

$557.10

$575.00

Tags

CCSS.6.NS.B.3

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