
4-1: Introduction to Consumer Credit
Authored by Chris Wood
Mathematics
11th - 12th Grade
CCSS covered
Used 27+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
You purchase an item that costs $5,100 and requires an 18% down payment. How much is the down payment, to the nearest cent?
$918
$283.33
$925
$283.34
Tags
CCSS.6.RP.A.3C
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
You purchase an item that costs $4,000 and requires a 20% down payment. How much is the down payment, to the nearest cent?
$800
$200
$900
$700
Tags
CCSS.6.RP.A.3C
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
You purchase an item that costs $19,200 and requires an 11% down payment. How much is the down payment, to the nearest cent?
$2,110
$2,111
$2,112
$2,113
Tags
CCSS.6.RP.A.3C
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
You purchase an item that costs $20,595 and requires a 9.5% down payment. How much is the down payment, to the nearest cent?
$1,956.50
$1,956.51
$1,956.52
$1,956.53
Tags
CCSS.6.RP.A.3C
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
You purchase an item that costs $9,873 and requires a 4.8% down payment. How much is the down payment, to the nearest cent?
$473.88
$473.89
$473.90
$473.91
Tags
CCSS.6.RP.A.3C
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
You want to purchase an item that costs $2,344. If you are on a payment plan and pay $150 per month, how many months will it take you to pay off the loan, to the nearest month?
15
16
17
18
Tags
CCSS.6.EE.B.7
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
You want to purchase an item that costs $14,000. If you are on a payment plan and pay $200 per month, how many months will it take you to pay off the loan, to the nearest month?
70
71
72
73
Tags
CCSS.6.EE.B.7
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