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Unit 14 Review

Authored by Sarah Fucsko

Mathematics

12th Grade

CCSS covered

Used 1+ times

Unit 14 Review
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10 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

What is the monthly cost of living at your current residence?

$1,460.00

$1,300.00

$1,253.34

$1,283.75

Tags

CCSS.6.NS.B.3

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

What is the expected monthly cost of living at your new residence?

$1,072.08

$1,300.00

$1,565.00

$1,265.83

Tags

CCSS.6.RP.A.3B

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Based on the last 2 questions, which has a lower cost of living, your current residence or your new residence?

Current Residence

New Residence

They are the same cost

Tags

CCSS.8.F.A.2

CCSS.HSF.IF.C.9

4.

MATCH QUESTION

2 mins • 2 pts

Match each term with its description.

renting


involves a pre-determined period of time with specific conditions and required maintenance

leasing


involves a title of ownership with specific taxes and payments required

buying


involves a short period of time for the temporary use of an asset

Tags

CCSS.HSF-IF.C.8B

5.

MATCH QUESTION

2 mins • 2 pts

Match each equity amount to one of the given scenarios.

$20,000


You purchased a home for $150,000 and it is now valued at $170,000.

$22,000

You purchased a home for $193,000 and it is now valued at $215,000.

$50,000

You purchased a home for $234,000 and it is now valued at $284,000.

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Your car insurance is due annually and generally costs about $2,000. You decide that you would like to set aside a monthly amount, beginning in January, to be prepared for when this bill comes at the end of the year. How much should you set aside each month?

$166.67

$2,000

$333.33

$24,000

Tags

CCSS.HSF.BF.A.2

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Suppose you need to decide between an apartment that costs $950/month for a month-to-month contract, or $800/month for an annual contract. The annual contract includes a 2-month early termination penalty if you leave before 12 months.

Which option would be more cost effective if you plan to stay for only 8 months?

For 8 months, the total rent is the same, so neither is more cost effective than the other.

It is always more cost effective to not pay a penalty.

The month-to-month contract is more cost effective.

The annual contract is more cost effective.

Tags

CCSS.8.F.A.2

CCSS.HSF.IF.C.9

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