Debt Settlement Calculation Quiz

Debt Settlement Calculation Quiz

Professional Development

16 Qs

quiz-placeholder

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Debt Settlement Calculation Quiz

Debt Settlement Calculation Quiz

Assessment

Quiz

Other

Professional Development

Easy

Created by

Lana Lana

Used 2+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account has a balance of $9742.76. You settle for 60\%. How much does the debtor pay?

$5845.66

$5845.69

$3897.10

$9742.76

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account has a balance of $12000. You settle for 75\%. How much does the debtor pay?

$3000

$9000

$12000

$7500

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account has a balance of $15000. You settle for 50% in 5 payments. How much does the debtor pay per payment?

$1500

$3000

$750

$150

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account has a balance of $20000. You settle for 40\%. How much does the debtor pay?

$8000

$12000

$20000

$4000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account has a balance of $5000. You settle for 25\% in 4 payments. How much does the debtor pay per payment?

$312.50

$1250

$625

$500

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account has a balance of $8000. You settle for 70\%. How much does the debtor pay?

$2400

$5600

$8000

$4000

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account has a balance of $10000. You settle for 90\% in 2 payments. How much does the debtor pay per payment?

$4500

$9000

$5000

$10000

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