FA Fall Final Review 2024

Last updated 12 months ago
40 questions
1

Alicia just got a job that will earn her $67K per year. The employment agency that assisted her will charge 10% of 3 months' salary. How much will she need to pay the agency?

1

Jessica would like to buy a house and has been approved for a $345,000, 20-year mortgage loan with an APR of 4.12%. How much would her monthly payment be?

1

Jessica would like to buy a house and has been approved for a $345,000, 20-year mortgage loan with an APR of 4.12%. How much interest would she pay over the life of the loan?

1

Mr. Weldon is part-time handyman and a teacher. He earns $102,000 as a teacher and $18,000 as a handyman. Based on both jobs, how much does Mr. Weldon earn on a monthly average?

1

Aliah regularly works a 40-hour week and earns $22 an hour. She receives time and a half pay for each hour of overtime she works. Last week she worked 45 hours. What was her total pay?

1

Ben is going to move into an apartment. He must pay an application fee of $85. His security deposit will consist of the first and last month’s rent. The broker fee will be 6% of his first year’s rent. The rent is $1,570. How much is he expected to pay to rent this apartment (including rent that is due for his first month)?

1

Madison will be entering college next year and is trying to figure out what apartment will be the best option. The apartment prices are as follows: $1,350, $1,570, $1,480, $1,350, and $1,440. What is the median price?

1

Siri has $19.93 in her bank account. She deposits her paycheck of $387.22. She buys presents for her family that cost $50.00, $62.95, $33.75, and a gift card for $75.00. How much money does she have left until her next paycheck?

1

Savannah opened a savings account with $3,400. The account will pay 2.8% simple interest. What is the balance after 4 years?

1

Devin and Oscar have $1,234.97 in their checking account. During the week, Oscar withdraws $500 from an ATM. The following week Deven deposits her paycheck for $689.32. The following week they pay bills of $124.56, $85, $98.45, and $218.09. What is the current balance of their checking account?

1

Given Mary's account summary below:
Ending Balance: $687.41
Outstanding Credits: $321.57
Outstanding Debits: $789.54
Revised Statement Balance: ???
Check Register Balance: $219.44

Does his account reconcile?

1

What was the mean price of the following prices of 2020 Silverado Truck?
$28,878.
$36,921
$36,436
$35,627
$34,575

1

Delia is buying a $185,000 home. She has been approved for a 6.35% mortgage and is required to make a 20 percent downpayment when the house closed on December 7th. What is her down payment?

1

Larissa works at Forever 21 and earns $14.60 per hour. For overtime, she is paid double. what would she be paid per hour if she worked overtime?

1

Adrian works at Planet Fitness and earns $14.40 per hour. For overtime, he is paid time and a half. what would he be paid per hour if he worked overtime?

1

Rick is borrowing $296,000 to buy a new model home. He has been approved for a 25 year loan at an APR of 4.5%. What will his monthly payment be?

1

Rick is borrowing $296,000 to buy a new model home. He has been approved for a 25 year loan at an APR of 4.5%. How much interest will he pay over the life of the loan?

1

Manny is a school administrator. His semimonthly salary is $3,356. What is his annual salary?

1

A wrestling team scores the following team points at their first five duals: 89, 54, 36, 78, 63. What is their mean score?

1

The scatter plot below shows a relationship between km run and weight. Which relationship best describes the relationship between the variables?

1

The scatter plot below shows a relationship between height and average exam scores. Which relationship best describes the relationship between the variables?

1

Which situation describes a positive correlation?

1

WatchUs Bank has a $40 overdraft fee. On Thursday, Mr. Lee deposited a check for $546.33 for an account balance of $782.46. The next morning he had to pay his rent which was $950. What is the current balance at the end of the next day if no other transactions went through the bank except his rent?

1

Norma is depositing $3,800 into a CD that pays 4.5% interest, compounded quarterly. What is her balance after 4 years?

1

Payton has $5,900 in his savings account. He accrues simple interest at a rate of 3.1%. What is his balance after 2 years?

1

Tina has $9,500 in a CD. She will accrue 4.9%, compounded daily. How much interest will she accrue after 3 years?

1

Hector has $12,600 in his savings account. He will accrue simple interest at a rate of 4.2%. How much interest will he have gained after 2 years?

1

Jasper has a mortgage of $2,389.10. His loan was for 20 years at a 4.2% rate. How much did he pay in interest if his original loan was $410,000?

1

The moving company charges $60 for loading/unloading, $65 for packing/unpacking, and $7.00 for each mile driven. Aiden hires them to load/unload for 6 hours and pack/unpack for 8 hours, and then asks them to drive 18 miles to his new apartment. How much will Aiden owe with a 8.25% tax rate?

1

Danica earns $38,000 as a pig breeder and $91,000 as an entrepreneur. What does she get paid per month?

1

Jessica was going to earn 3.21% simple interest for 4 years on her deposited amount of $8,700. What will her balance be?

1

Cathy decided to deposit her $12,000 into a savings account with a 3.5% interest rate, compounded monthly. How much interest will she have earned after 3 years?

1

SC Bank has an overdraft fee of $28. Chris has $457.89. He has the following checks go through: $281.73, $199.82, $556.78, and $98.07. How much does he need to deposit to not have a negative balance?

1

A bedroom’s four walls is equal to 510 squared feet. If you have to paint the room twice to do it right, and a gallon of paint costs $31.50 which covers 400 squared feet. Determine the cost of the paint for the room. (Include the excess 15% material)

1

Vision deposits $12,000 into a 5-year CD at an interest rate of 5.2%, compounded daily. what is the annual percentage yield? Round to the nearest hundredth of a percent.

1

Wakanda was able to get a job with the help of an employment agency that will pay her $59,000 annually. Her fee will be 12% of 5 weeks pay. How much does Jennifer owe the agency?

1

Jaylah is getting an apartment and her fees are as follows: credit check is $40, security deposit: one month of rent, dog deposit: $500, broker fee is 4% of the first year’s rent. The rent is $1,800. How much does she owe when she moves in? Don’t forget to include her rent!

1

Jalen is planning on buying a home in 5 years. She’d like to have $8,000 for a down payment in 5 years. Her credit union has an account that will pay 4% per year compounded monthly. How much must she invest monthly in this account to have the desired funds available in 5 years?

1

Cory needs a new dishwasher. His current costs him $390 to run a year. His new one will cost $450, but will save him 25% of the usage costs from his current one. How long will it take for his savings to cover his new dishwasher?

1

Leo just bought a house. It is poorly insulated, and his bedroom faces the east. If the room is 12 feet by 16 feet with a 10-foot ceiling, how many BTUs will he need for his new room A/C?