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Mathematics
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Financial Algebra Advanced
Quiz 4: Automobile Ownership
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Question 1
Multiple Choice
Mrs.Beluga is driving on a snow-covered road with a drag factor of 0.2.She brakes suddenly for a deer.The tires leave a yaw mark with a 52-foot chord and a middle ornate of 6 feet.What is the minimum speed she could have been going?
Question 2
Multiple Choice
Nathan wants to buy a car that costs $25,920.He has $3,000 as a down payment,and his payments will be $450 for 6 years.Through research he discovers that the value of the car will depreciate to a value of zero in 12 years.After how long will the expenses of the car be equal to the value of the car?
Question 3
True/False
Pamela called nine repair shops for quotes for auto repairs.The prices are $139,$150,$345,$99,$167,$155,$140,$200,and $160.She calculates to find there are no outliers in the data.
Question 4
Multiple Choice
Tonya wants to place an advertisement in a local newspaper to sell her car.This piecewise function shows in the cost of the advertisement given that x equals the number of lines. ā
ā If the advertisement she wants to place will be 7 lines,how much will the paper charge her?
Question 5
Multiple Choice
Saheel has $20,000 property damage insurance and $5,000 comprehensive and collision insurance with a $500 deductible.One evening he slides on a patch of ice and hits a parked car,causing $4,500 worth of damage.The accident causes $1,750 of damage to his own car.How much will the insurance pay to fix both cars?
Question 6
True/False
A car traveling on asphalt makes a sudden stop.The drag factor of the road is 0.7 and the brakes are operating at 90% efficiency.If the car leaves 4 distinct skid marks that are 60 feet long,then the car was traveling about 37 miles per hour.
Question 7
True/False
Property damage liability pays for injuries to a driver or their passengers caused by an uninsured or underinsured driver.
Question 8
True/False
Sarah bought a 7-year old car for $10,500.When the car was new,it sold for $21,000.Therefore,the depreciation rate is 9.4%.
Question 9
True/False
Cars with ABS or anti-lock brakes do not leave skid marks.
Question 10
True/False
Victor found 5 cars online that he will go to see.The prices of the cars are: $5,000;$4,500;$5,500;$3,999;and $4,999.The median car price is $4,799.60.
Question 11
True/False
In the box-and-whisker plot below,50% of the data is between 30 and 70. ā
Question 12
True/False
Yolanda wants to buy a fuel-efficient car.She finds one that can travel 465 miles on one tank of gas.If the gas tank holds 15 gallons,the car gets about 41 miles per gallon.
Question 13
Multiple Choice
Cherie pays her car insurance monthly.Her annual premium is $984.Each month she is charged a $2 convenience fee.If her annual premium is divided equally into twelve monthly payments,how much is her monthly insurance payment?