Owning A Car Checkpoint

Owning A Car Checkpoint

9th - 12th Grade

11 Qs

quiz-placeholder

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Owning A Car Checkpoint

Owning A Car Checkpoint

Assessment

Quiz

Mathematics

9th - 12th Grade

Hard

Used 56+ times

FREE Resource

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image
Mr. and Mrs. Wallace have decided to buy a car for $21,600. They will finance $15,000 of it with a 5-year auto loan at 2.9% APR.
What will their monthly payment be?
$268.20
$268.86
$269.54
$387.16

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image
Rudy has arranged to buy a car for $10,240. He has a $3000 trade-in allowance and will make a $2000 down payment. He will finance the rest with a 3-year auto loan at 3.4% APR. What is the total amount of interest he will pay? Round your answer to the nearest dollar
$288
$279
$271
$188

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Stefan is buying a new car valued at $18,210. It is expected to depreciate an average of 14% each year during the first 4 years. What is the value of Stefan's car predicted to be in 4 years? 
V(1 − r)Y
$9961
$15,661
$20,759
$30,756

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Luis drove 308 miles on 21 gallons of gas. What was his gas mileage? Round the answer to the nearest mpg.
13 mpg
14 mpg
15 mpg
16 mpg

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Sabrina is planning a 1830-mile driving trip. Her car gets an average of 24 mpg, and the cost of gas is about $4.09/gallon. What is the approximate driving cost of the trip?
$304
$312
$318
$328

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image
A 21-year-old female driver buys 25/50/50 liability insurance, collision insurance with a $500 deductible, and comprehensive insurance with a $250 deductible. What is her total annual car insurance premium?
$715.00
$858.00
$1036.75
$1230.00

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image
Sammy is buying a car for $16,580. He will finance $12,000 of it with a 44-year loan at 2.8% APR. What will his monthly auto payment be?
$100.97
$214.56
$264.55
$365.52

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