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WorksheetsWeek 1 Quiz
Total questions: 24
Worksheet time: 6hrs 0mins
Emily’s parents put $1500 in her bank account for college tuition at a simple interest rate of 8.25%. What will be the balance after 18 years?
$22,275
$2227.50
$12,375
$3727.50
Mark took out a loan for $25,690 to purchase a new truck at a simple interest rate of 5.2%. How much interest will he pay on his truck after 5 years?
$6,679.40
$32,369.40
$66,794
$679.40
The Henley’s took out a new home loan for $195,000 at a simple interest rate of 4.3%. How much will they pay in interest after 30 years?
$446,550
$2515.50
$25,155
$251,550
Twelve years ago, Claire deposited $1,800 in a savings account. It pays 2.5% simple interest. How much in interest did Claire earn in the account?
$2,340
$23,400
$540
$54
Which quadrant is the ordered pair, (3,5) ?
I
II
III
IV
How many quadrants are on the coordinate plane?
8
2
4
1
When we reflect across the y-axis, what changes?
The sign of the x-coordinate
The sign of the y-coordinate
Both the x-coordinate and y-coordinate
When we reflect across the x-axis, what changes?
The sign of the x-coordinate
The sign of the y-coordinate
Both the x-coordinate and y-coordinate
How many legs does a Spider have?
9
6
10
8
If a driver receives several traffic tickets, the cost of the car insurance will probably
increase.
decrease.
stay the same.
be billed monthly
manufacturer's suggested retail price. price that car builders say the car should be sold at.
downpayment
MSRP
MPG
total cost of ownership (TCO)
miles per gallon - the amount of miles (distance) a car can drive on one gallon of gasoline or fuel
MPG
warranty
trade-in
MSRP
mortgage
A bank loan for the purchase of a home.
A legal document that transfers title from one person to another, usually real estate.
The amount of money you borrow, or the amount you owe before interest is calculated.
closing costs
The amount of the house that you have paid for, or the amount you would get if you sold the house.
When a person pays off a mortgage faster than planned
Fees paid at the sale of a home. May be paid by either the buyer or the seller.
principal
The amount of money you borrow, or the amount you owe before interest is calculated.
A bathroom that contains a toilet and sink but no bathtub or shower.
A bank loan for the purchase of a home.
