Download 6 - 3 6 - 33 8th grade warm up week thirty

6 - 3 6 - 33 8th grade warm up week thirty-three
Some questions (c) 2015 by Region 10 Educational Service Center.
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1
Regina bought a new computer game
and the amount of the purchase was
immediately removed from a linked
account. What method of payment did
she use?
3
A credit card
Roselie purchased flowers and a card for
her Mother. She paid using a method in
which no money was taken from a bank
account and she received no bill in the
mail for the items. What method of
payment did she use?
B debit card
A credit card
C
B debit card
store gift card
C
D cash
check
D cash
2 Which method of payment will allow a
consumer to make future payments
toward a purchase?
F
credit card
G
debit card
4
H store gift card
J
check
Jorge purchased 4 tires that were $108
each. He also had to pay 8% tax on the
purchase. He paid $200 in cash and put
the remaining balance on a credit card.
How much did he charge to his credit
card?
F
$232.00
G
$250.56
H $466.56
J
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$266.56
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5
Which method of payment has the
advantage of paying for expensive items
over a period of several months?
A debit card
B store gift card
C
credit card
D check
6 At Megga-Mart a single bottle of ice tea
costs $1.39, but a six-pack of tea costs
$7.89. How much money will Jose save
per bottle by purchasing a six-pack of
tea?
F
$1.39
G
$1.32
H $6.50
J
$0.07
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7
Mrs. Cotton needs a new washer and dryer. The best price for both appliances is $985. She
has $250 in savings that she can use but will need to get a loan for the remainder. Or, she
can keep her savings and get a loan for the full amount. The chart below details her options.
Which option would cost the less?
Option Loan Principal Interest Rate Time Monthly Payment
A
985
6%
1 year
$87.15
B
735
6%
1 year
$65.03
C
985
4.5%
2 years
$44.90
D
735
4.5%
2 years
$33.50
A Option A
B Option B
C
Option C
D Option D
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8 Henry earns 5% back on purchases
made with a credit card. At grocery
stores and gas stations he earns an extra
2%. The table below shows the amounts
he charged to his credit card. How much
will he earn back from the credit card
company?
Location
Amount Charged
Lee's Supermarket
$125.50
Hobby's Plus
$43.75
Pizza Palace
$21.00
Gas Stop
$53.00
Tires to Go
F
$29.66
G
$33.24
9 Mega-Mart sells ketchup in four
different sizes. Which size is the best
buy?
Ketchup bottle size
Cost
9 ounce bottle
$1.69
16 ounce bottle
$2.48
24 ounce bottle
$3.29
32 ounce bottle
$4.45
$350.00
A 9 ounce bottle
H $30.17
B 16 ounce bottle
J
C
$41.53
24 ounce bottle
D 32 ounce bottle
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10
Trent has the choice to purchase a new truck or a new sports car. He has $3,000 saved to
use as a down payment. Although the truck cost more the dealership is offering 0%
interest on the purchase of trucks. How much more in interest would Trent pay if he
purchases the sports car?
Option
Truck
Price Interest Rate Loan Terms Monthly Payment
$38,560
0.00%
48 months
$740.83
Sports Car $29,677
4.75%
60 months
$538.08
F
$202.75
G
$2,607.80
H $8,883.00
J
4.75
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