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Repaying Credit Cards and Loans | Quizalize

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Repaying Credit Cards and Loans

Quiz by Vicky Ruiz

Math (Archived)

Texas Essential Knowledge and Skills (TEKS)

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Measures 1 skill from

Math (Archived)

Texas Essential Knowledge and Skills (TEKS)

8.12.A: Personal Financial Literacy

solve real-world problems comparing how interest rate and loan length affect the cost of credit

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Q 1/5
Score 0
Use an online calculator to find the cost of a $500 loan for 12 months at 18% interest per year.
30
$45.84
$50.08
$550.08
$8.50
Q 2/5
Score 0
Use an online calculator to find the cost of a $500 loan for 12 months at 8% interest per year.
30
$21.93
$521.93
$50.08
$43.49

5 questions

Q.

Use an online calculator to find the cost of a $500 loan for 12 months at 18% interest per year.

1

30 sec

8.12.A: Personal Financial Literacy

Q.

Use an online calculator to find the cost of a $500 loan for 12 months at 8% interest per year.

2

30 sec

8.12.A: Personal Financial Literacy

Q.

Use an online calculator to find the cost of a $3000 loan at 12% interest per year for 6 months

3

30 sec

8.12.A: Personal Financial Literacy

Q.

Use an online calculator to find the cost of a $3000 loan at 12% interest per year for 5 years?

4

30 sec

8.12.A: Personal Financial Literacy

Q.

How much does it cost to borrow money?

5

30 sec

8.12.A: Personal Financial Literacy

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