What does a lump sum payment during a loan period typically look like on a repayment graph?

Loan Repayment Concepts and Graphs

Interactive Video
•
Mathematics
•
9th - 10th Grade
•
Hard

Sophia Harris
FREE Resource
Read more
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A sudden increase in the graph line
A sudden decrease in the graph line
A gradual increase in the graph line
A flat line on the graph
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does making higher repayments than initially agreed affect the loan repayment graph?
The graph line shows a sudden drop
The graph line becomes steeper
The graph line becomes flatter
The graph line remains unchanged
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens during an interest-only period in terms of loan balance on the graph?
The balance increases
The balance decreases
The balance remains flat
The balance fluctuates
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might a landlord choose to only pay off the interest on a property loan?
To increase the loan balance
To benefit from property value appreciation
To reduce the overall debt quickly
To avoid paying any interest
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the consequence of making monthly repayments that are less than the interest on a loan?
The loan balance increases
The loan balance remains the same
The loan balance fluctuates
The loan balance decreases
Similar Resources on Quizizz
11 questions
Loan Repayment Plans and Calculations

Interactive video
•
9th - 10th Grade
8 questions
Understanding Linear Equations and Functions

Interactive video
•
9th - 10th Grade
6 questions
GCSE Maths - How to Find the Equation of a Straight Line (y = mx + c) #68

Interactive video
•
9th - 10th Grade
6 questions
Graph Easily This Piecewise Function

Interactive video
•
9th - 10th Grade
7 questions
Understanding Exponential Functions

Interactive video
•
9th - 10th Grade
7 questions
Transformations and Evaluations of Exponential Functions

Interactive video
•
9th - 10th Grade
8 questions
Understanding Loan Options and Rates

Interactive video
•
9th - 10th Grade
11 questions
Understanding Mortgages and Interest Rates

Interactive video
•
9th - 10th Grade
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
20 questions
Math Review - Grade 6

Quiz
•
6th Grade
20 questions
math review

Quiz
•
4th Grade
5 questions
capitalization in sentences

Quiz
•
5th - 8th Grade
10 questions
Juneteenth History and Significance

Interactive video
•
5th - 8th Grade
15 questions
Adding and Subtracting Fractions

Quiz
•
5th Grade
10 questions
R2H Day One Internship Expectation Review Guidelines

Quiz
•
Professional Development
12 questions
Dividing Fractions

Quiz
•
6th Grade