Math for Finance – Ch. 7 Test (Version A)
Quiz
•
Mathematics
•
9th Grade
•
Practice Problem
•
Medium
+10
Standards-aligned
Kyle Brown
Used 1+ times
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13 questions
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1.
FILL IN THE BLANK QUESTION
3 mins • 5 pts
Definition: The amount of space inside a three-dimensional region, such as a room.
Tags
CCSS.5.MD.C.3A
CCSS.5.MD.C.3B
CCSS.5.MD.C.4
2.
FILL IN THE BLANK QUESTION
3 mins • 5 pts
Definition: The money the bank collects from homeowners for insurance and property taxes.
Tags
CCSS.HSA.SSE.B.4
3.
FILL IN THE BLANK QUESTION
3 mins • 5 pts
Definition: A building where each unit is individually owned; tenants share the same main entrance and exit, but the units are usually stacked next to each other, which limits privacy.
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
4.
FILL IN THE BLANK QUESTION
3 mins • 5 pts
Definition: A mortgage in which the monthly payment and average percentage rate (APR) remain the same throughout the entire loan.
Tags
CCSS.6.EE.A.2C
5.
FILL IN THE BLANK QUESTION
3 mins • 5 pts
Definition: This is required by mortgage holders, a type of insurance that covers the damage to the home due to fire or other natural disasters.
6.
FILL IN THE BLANK QUESTION
3 mins • 5 pts
Definition: A loan taken out by anyone that wants to purchase a home.
7.
FILL IN THE BLANK QUESTION
3 mins • 10 pts
A financial advisor tells you that you should spend, at most, 25% of your gross monthly income for your rent. You determine that amount is $1,655 per month. Based on that amount and your financial advisor's recommendation, what is your ANNUAL salary?
Tags
CCSS.6.EE.B.8
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