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Buying a Car

Last updated almost 7 years ago

7 questions

Note from the author:

A formative assessment for the car buying unit

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Question 1

1.

Which bank will charge you the lowest interest on a $25,000.00 car?

A  Bank #1

B  Bank #2

C  Bank #3

D  Bank #4

Question 2

2.

The time must be converted into years in order to use the simple interest formula.

True

False

Question 3

3.

How do you enter 2.4% into your TInspireCX?

1

Question 4

4.

Which car did you choose to buy?

1

Question 5

5.

Which bank did you choose to use?

1

Question 6

6.

Why did you choose this bank?

1

Question 7

7.

Show how you determined the monthly payment for the car and bank indicated.