10 Questions
What is the equation to represent the total amount Shauna will owe her parents?
The equation is: Total amount = $400 + ($400 * 0.04)
What percent of Martin's regular hourly rate will he earn during training?
Martin will earn 75% of his regular hourly rate during training.
What is the equation to represent how many blankets Debora will sew for n nieces?
The equation is: Number of blankets = 3 * n
How many blankets will Debora sew if she has 5 nieces?
Debora will sew 15 blankets if she has 5 nieces.
What is the total amount of money Shauna will owe her parents?
The total amount of money Shauna will owe her parents is $416.
Match the following parts of the problem with their descriptions:
Part A = Writing an equation to represent a situation Part B = Solving a problem using the given equation Debora's nieces = The variable that represents the number of nieces $400 = The amount of money Shauna borrowed from her parents
Match the following characters with their corresponding actions in the problem:
Shauna = The person who borrowed money Debora = The person who will be sewing blankets Martin = The person who will be earning different hourly rates Parents = The people who loaned money to Shauna
Match the following variables with their meanings in the problem:
b = The number of blankets Debora will sew n = The number of nieces Debora has $20 = Martin's regular hourly rate $15 = Martin's hourly rate during training
Match the following rates with their corresponding situations:
4% = The interest rate Shauna agreed to pay her parents $20 = The amount Martin will earn per hour at his new job $15 = The amount Martin will earn per hour during training 3 = The number of blankets Debora will sew for each of her nieces
Match the following terms with their definitions in the problem:
Simple interest = The interest calculated only on the initial amount borrowed Regular hourly rate = The amount of money Martin will earn per hour at his new job Total amount = The sum of the initial amount and the interest Equation = A mathematical statement that shows two expressions are equal
This quiz assesses students' understanding of solving problems involving loans and simple interest. Students will be required to write an equation to represent the total amount owed, calculate the total amount owed given specific interest rates, and demonstrate their knowledge of basic financial concepts.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
