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Consumer Math 1
By Michelle Barnhill
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Last updated over 1 year ago
13 questions
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Find a bank.
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Question 1
1.
A
B
C
D
Question 2
2.
A
B
C
D
Question 3
3.
The three elements used to calculate simple interest are:
Question 4
4.
Craig puts $3000 in the bank. The bank offers a simple interest of 2.5% per year. How much will he have after 2.5 years?
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Question 5
5.
Lisa saves $1500 at 3% simple interest. She has it in the bank for two years. How much interest will Lisa receive in two years?
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Question 6
6.
You are starting a new job and need business caual clothing. You purchase the following:
a dress for $45
2 shirts for $22.99 and $41.98
a skirt for $14.50
a pair of pants for $50
shoes for $34.97.
Tax is 4.5%.
What is the total purchase price?
Question 7
7.
Question 8
8.
Question 9
9.
Yes - True No - False
True
False
Question 10
10.
Yes
No
Question 11
11.
Yes
NO
Question 12
12.
What is the interest rate on a savings account?
Question 13
13.
What is the interest rate on a checking account?