= Quiz: Exam 7 - Unit 7 (Chapter 4, 11 & 12) Question 18 of 20 This quiz: 20 point(s) possible This question: 1 point(s) possible Submit quiz A credit card has an average daily balance of $2,882.25 and the monthly periodic rate is 1.313%. What is the finance charge for the month? Question list K O Question 9 The finance charge for the month is $ .(Round to the nearest cent as needed.) O Question 10 O Question 11 O Question 12 O Question 13 O Question 14 O Question 15 O Question 16 O Question 17 O Question 18= Quiz: Exam 7 - Unit 7 (Chapter 4, 11 & 12) Question 15 of 20 This quiz: 20 point(s) possible This question: 1 point(s) possible Submit quiz The installment price of a watch is $305.58 with 6 monthly payments and a down payment of $30.00. Find the monthly payment. Question list K O Question 9 O A. $45.93 O B. $19.42 Question 10 O C. $275.58 O D. $16.58 Question 11 O Question 12 Question 13 O Question 14 O Question 15O = Quiz: Exam 7 - Unit 7 (Chapter 4, 11 & 12) Question 12 of 20 This quiz: 20 point(s) possible This question: 1 point(s) possible Submit quiz Alex Murphy purchased a TV with surround sound and remote control on an installment plan with a $60 down payment and 12 payments of $107.26. Find the installment price of the TV. Question list K O Question 9 The installment price is $. Question 10 O Question 11 Question 12 O Question 13= Quiz: Exam 7 - Unit 7 (Chapter 4, 11 & 12) Question 19 of 20 This quiz: 20 point(s) possible This question: 1 point(s) possible Submit quiz John Smith has a credit card that charges 11% annual interest on the monthly average daily balance for the billing cycle. The current billing cycle has 28 days. For 14 days his balance Question list K was $2,588.25. For 7 days the balance was $1,588.25. And for 7 days the balance was $1,896.48. Find the average daily balance. Find the amount of interest. Question 11 The average daily balance is $ . The amount of interest is $. (Round to the nearest cent as needed.) O Question 12 Question 13 O Question 14 O Question 15 O Question 16 Question 17 O Question 18 O Question 19= Quiz: Exam 7 - Unit 7 (Chapter 4, 11 & 12) Question 13 of 20 This quiz: 20 point(s) possible This question: 1 point(s) possible Submit quiz Find the amount financed on a TV with a cash price of $300.00 and a down payment of $6.00. Question list K O Question 9 O A. $6.00 O B. $300.00 Question 10 O C. $294.00 O D. $59.99 O Question 11 O Question 12 O Question 13 O Question 14E Quiz: Exam 7 - Unit 7 (Chapter 4, 11 & 12) Question 17 of 20 This quiz: 20 point(s) possible This question: 1 point(s) possible Submit quiz What is the monthly interest rate if an annual rate is 12.5%? Question list K O Question 9 The monthly interest rate is%. (Type an integer or decimal rounded to two decimal places as needed.) O Question 10 O Question 11 O Question 12 O Question 13 O Question 14 O Question 15 O Question 16 O Question 17 O Question 18= Quiz: Exam 7 - Unit 7 (Chapter 4, 11 & 12) Question 14 of 20 This quiz: 20 point(s) possible This question: 1 point(s) possible Submit quiz A mountain bike has a cash price of $995.00. Eric purchases the bike by making a down payment of $49.75 and 24 payments of $55.90. Find the finance charge. Question list K Question 9 O A. $49.75 O B. $945.25 Question 10 O C. $472.63 O D. $396.35 Question 11 O Question 12 Question 13 O Question 14This quiz: 20 pointlsi possible {533 This question: 1 poinus) possible 5 Quiz: Exam 7 - Unit 7 (Chapter 4, 11 & 12) Question 2 of 20 Submit quiz Arnold Brown has a Visa Card with an annual percentage rate of 16.8%. The unpaid balance for his June billing cycle is $1,243.28. During the billing cycle he purchased a printer Question \"St '6 cartridge for $43.57, books for $278.54 and gasoline for $15.82. He made a payment of $1 .200. If the account applies the unpaid balance method, what are the finance charge and the new balance? 0 Question 11 The finance charge is $ . The new balance is S 0 Question 12 (Round to the nearest cent as needed.) 0 Question 13 0 Question 14 0 Question 15 0 Question 16 0 Question 17 0 Question 18 0 Question 19 0 Question 20 = Quiz: Exam 7 - Unit 7 (Chapter 4, 11 & 12) Question 16 of 20 This quiz: 20 point(s) possible This question: 1 point(s) possible Submit quiz Eileen purchased a sofa for $700 and financed it for 17 months. The total finance charge was $111.16. Find the annual percentage rate. Question list K Click the icon to view the table of interest per $100 of amount financed. O Question 9 - X Table of Interest per $100 of Amount Financed O Question 10 O A. 20.25% O B. 20.50% Interest per $100 of Amount Financed O C. 20.75% Number APR (Annual Percentage Rate) for Selected Rates O Question 11 of monthly O D. 20.00% payments 12.0096 12.2596 12.5096 12.7596 16.0096 16.2596 16.506 16.75% 20.009% 20.25% 20.50% 20.75% 1.00 1.02 1.04 1.06 1.33 1.35 1.37 1.40 1.67 1.69 1.71 1.73 1.50 1.53 1.57 1.60 2.00 2.04 2.07 2.10 2.51 2.54 2.57 2.60 t WN 2.01 2.05 2.09 2.13 2.68 2.72 2.76 2.80 3.35 3.30 3.44 3.48 O Question 12 2.51 2.57 2.62 2.67 3.36 3.41 3.46 3.51 4.20 4.25 4.31 4.36 3.02 3.08 3.15 3.21 4.04 4.10 4.16 4.23 5.06 5.12 5.18 5.25 3.53 3.60 3.68 3.75 4.72 4.79 4.87 4.94 5.91 5.90 6.06 6.14 4.04 4.12 4.21 4.29 5.40 5.49 5.58 5.66 6.78 6.86 6.95 7.04 O Question 13 4.55 4.65 4.74 4.84 6.09 6.19 6.29 6.38 7.64 7.74 7.84 7.94 5.07 5.17 5.28 5.39 6.78 6.89 7.00 7.11 8.52 8.63 8.73 8.84 5.58 5.70 5.82 5.94 7.48 7.60 7.72 7.84 9.39 9.51 9.63 9.75 6.10 6.23 6.36 6.49 8.18 8.31 8.44 8.57 10.28 10.41 10.54 10.67 6.62 6.76 6.90 7.04 8.88 9.02 9.16 9.30 11.16 11.31 11.45 11.59 O Question 14 7.29 7.44 7.59 9.58 9.73 9.89 10.04 12.05 12.21 12.36 12.52 7.82 7.99 8.15 10.29 10.45 10.78 13.11 13.28 13.45 8.19 8.36 8.53 1 11.00 11.17 7 11.35 11.53 14.03 14.21 14.39 8.71 8.90 9.08 9.27 11.71 11.90 12.09 12.28 14.75 14.94 15.13 15.33 9.24 9.44 9.63 9.83 12.42 12.62 12.83 13.03 15.66 15.86 16.07 16.27 O Question 15 9.77 10.19 10.40 13.14 13.35 13.57 13.78 16.57 16.79 17.01 17.22 0.30 10 52 10.74 10.96 13.86 14.09 14.31 14.54 17.49 17.72 17.95 18.18 0.83 11.06 11.30 0 11.53 14.59 14.82 15.06 15.30 18.41 18.66 18.90 19.14 1.36 11.61 11.85 12.10 15.31 15.56 15.81 16.06 19.34 19.60 19.85 20.11 16.83 20.27 20.54 20.81 21.08 Question 16 11.90 12.16 12.41 12.67 16.04 16.30 16.57 12.44 12.71 12.97 13.24 16.78 17.05 17.32 17.60 21.21 21.49 21.77 22.05 12.98 5 13.54 13.82 17.51 17.80 18.37 22.15 22.44 22.74 23.03 13.52 13.81 14.10 14.40 18.25 18 55 18.85 19.15 23.10 23.40 23.71 24.02 O Question 17 Print Done O Question 18E Quiz: Exam 7 - Unit 7 (Chapter 4, 11 & 12)