What is the main reason for paying extra when opting for installment payments?

Direct Method of Calculation Concepts

Interactive Video
•
Mathematics
•
9th - 10th Grade
•
Hard

Emma Peterson
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To reduce the overall cost
To compensate for the delay in full payment
To cover the cost of the product
To encourage faster payments
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do you convert a percentage into a decimal for calculation purposes?
Divide by 10
Multiply by 10
Divide by 100
Multiply by 100
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does multiplying 850 by 0.05 represent in the context of the video?
The original price of the vacuum
The extra charge added to the original price
The total cost after interest
The discount on the original price
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the final price if the original price is $850 and the extra charge is $42.50?
$900.00
$42.50
$892.50
$850.00
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the advantage of using the direct method of calculation?
It requires no calculations
It is more detailed
It is faster
It is more accurate
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the direct method, what does multiplying by 1.05 represent?
Only the extra charge
Neither the original price nor the extra charge
Only the original price
Both the original price and the extra charge
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What mathematical concept is used to explain the direct method?
Division
Addition
Factorization
Subtraction
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