Loan payments Quiz: answer key
Every answer, with a link to its step-by-step solution
| # | Answer | Level | Solution |
|---|---|---|---|
| 1 | D PMT = $290.00 | Easy | Solved step by step |
| 2 | PMT = $235.37 | Easy | Solved step by step |
| 3 | B PMT = $254.40 | Easy | Solved step by step |
| 4 | PMT = $126.11 | Easy | Solved step by step |
| 5 | C PMT = $760.03 | Medium | Solved step by step |
| 6 | PMT = $194.17 | Medium | Solved step by step |
| 7 | C PMT = $174.56 | Medium | Solved step by step |
| 8 | PMT = $290.00 | Harder | Solved step by step |
| 9 | B PMT = $687.60 | Harder | Solved step by step |
| 10 | PMT = $481.15 | Harder | Solved step by step |
Grade
Count your right answers and divide by the number of questions: A 90% or more, B 80%, C 70%, D 60%, F below 60%.