Debt Settlement Calculation Quiz
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Professional Development
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16 questions
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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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