AVID Literacy Quizz
Authored by Nadia Essien
Mathematics
9th - 12th Grade
CCSS covered
Used 9+ times
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27 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The longer a loan repayment period and the higher the interest rate, the...
larger the total amount of interest paid by a borrower.
smaller the total amount of interest paid by a borrower.
larger the total amount of interest paid by a lender.
smaller the total amount of interest paid by a lender.
I’m not sure
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Why is maintaining good credit important?
Can help you graduate from college
Allows you to borrow at lower interest rates
Allows you to carry more cash than usual
Might cause your interest rates to be raised
I'm not sure
Tags
CCSS.RI.11-12.5
CCSS.RI.9-10.5
CCSS.RI.11-12.3
CCSS.RI.9-10.3
CCSS.RI.8.3
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Before Anissa bought groceries on March 23rd, she had a balance of $487.25 in her checking account. What is her account balance after she made a cash deposit on March 25th?
$429.75
$547.75
$574.75
$399.75
I'm not sure
Tags
CCSS.7.NS.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Karl purchased a secons, larger home in which to live. He has decided to rent his first home out for $1,500 a month. His mortgage on the first home is $1,250. Is this an example of passive income?
Yes
No
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Ann puts $300 in a bank account earning 4% interest. How much will she earn in interest in 1 year?
4
8
12
16
Tags
CCSS.7.RP.A.3
6.
FILL IN THE BLANK QUESTION
3 mins • 1 pt
Nadia deposited $3000 into an account that earns annual simple interest. After 6 years, she had earned $990 in interest. What was the INTEREST RATE of the account?
Tags
CCSS.7.RP.A.3
7.
MULTIPLE SELECT QUESTION
1 min • 1 pt
Simple interest is calculated on the _____ amount only. Select all that apply.
final
principle
withdrawn
deposited
Tags
CCSS.7.RP.A.3
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