Tech Math Review 4/17

Tech Math Review 4/17

12th Grade

20 Qs

quiz-placeholder

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Tech Math Review 4/17

Tech Math Review 4/17

Assessment

Quiz

Mathematics

12th Grade

Practice Problem

Easy

CCSS
6.RP.A.3C, 6.SP.B.5C, RL.11-12.9

+10

Standards-aligned

Created by

Briana Townley

Used 2+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1. What is an advantage of buying a house, compared to renting?

Lower overall housing costs
Freedom to decorate or renovate
More flexibility to move
Less financial risk

Tags

CCSS.RL.11-12.9

CCSS.RL.6.3

CCSS.RL.7.3

CCSS.RL.8.3

CCSS.RL.9-10.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

2. What is the largest expense that someone generally pays at the time they buy a house?

Property taxes
Down payment
Closing costs
Utilities

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

3. Amelia has a high credit score. How will that help her buy a home?

She can apply to decrease her debt-to-income ratio
She can qualify for a mortgage with a lower interest rate
She can sell her current house for a higher price
She can get a higher down payment on her mortgage

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

loan

Money borrowed, must be repaid with interest

A legal document that transfers title from one person to another, usually real estate.

The amount of the house that you have paid for, or the amount you would get if you sold the house.

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

appraisal

Fees paid at the sale of a home. May be paid by either the buyer or the seller.

When a homebuyer fails to pay the mortgage and the home is sold by the bank to get the money back.

A formal evaluation of property by an expert, used to establish its market value.

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

home inspection

When a home is officially for sale

A close examination of a residence to identify defects or potential issues.

A bank loan for the purchase of a home.

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

You can afford a 10% down payment on a house that costs $200,000. You're down payment is $____________

Tags

CCSS.6.RP.A.3C

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