Financial Algebra Chapter 8 Quiz 2
Authored by Luke Marvulli
Mathematics
12th Grade
CCSS covered
Used 14+ times
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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
David Padilla has $10,000 worth of property damage insurance. He collides with two cars and causes $12,000 worth of damage. How much money must David pay after the insurance company pays its share?
$2,000
$12,000
$10,000
$0
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Suzy Hernandez has 100/300 liability insurance. She drives through a stop sign and hits a telephone pole and bounces into a school bus with a bunch of little kids in it. Some are seriously hurt and sue her. Others have minor injuries.
The telephone will cost $10,000 to replace. She also did $11,500 worth of damage to the bus. How much will the insurance company pay in liability to fix the damage?
$0
$10,000
$11,500
$21,500
Tags
CCSS.7.EE.B.3
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mr. Marvulli went to Santa Cruz and some hippy with a Bernie Sanders sticker on his Honda purposely damages my truck door causing damages totaling $1,350. Mr. Marvulli has $500 comprehensive insurance and submits a claim to his insurance company.
How much will the insurance company pay?
$1,350
$500
$850
$0
Tags
CCSS.6.EE.B.7
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Keanu Wilkenson has $10,000 worth of property damage insurance and a $1,000 deductible collision insurance policy. He had a tire blowout while driving and crashed into a parked car causing $3,500 in damages to the other car. The crash also caused $1,800 in damages to his car.
How much will the insurance company pay for the damage to Keanu's car?
$3,500
$800
$1,800
$4,300
Tags
CCSS.7.NS.A.3
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Myranda Salyer purchased a used car for $12,500. This make and model used car straight line depreciates to zero after 4 years
Identify the coordinates of the x- and y-intercepts for the depreciation equation.
(0, 12,500) & (4, 0)
(12,500, 0) & (0, 4)
(0, 4) & (12,500, 0)
(4, 0) & (12,500, 0)
Tags
CCSS.HSF-IF.C.7A
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Roman Moisa purchased a used car for $12,500. This make and model used car straight line depreciates to zero after 4 years.
Determine the slope of the depreciation equation.
-3,125
-1950
3,125
-0.0032
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Roman Moisa purchased a used car for $12,500. This make and model used car straight line depreciates to zero after 4 years.
Write the straight line depreciation equation that models this situation.
y = -3125x + 4
y = -3125x + 12,500
y = 4x + 3125
y = -4x - 3125
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