A DAILY CHALLANGE UWU Q1
Which choice best represents the balance of a savings account at the end of 6 years if the simple interest earned each year is 6.5% and the principal is $1,300?

A.$507
B.$1,807
C.$5,070
D.$6,370

Q2

The Candy family plans to start a small business in our neighborhood. The father borrows $10,000 from the bank at an annual interest rate of 7.5% rate for 42 months. What is the amount of interest he will pay on this loan?

A.$26.25
B.$26,250
C.$262,500
D.$2,625

Q3

Molly sells insurance. He earns a 6% commission on each sale he makes. What dollar amount of sales must Molly make to earn $600 in commissions?

A.$360
B.$36
C.$10,000
D.$1,000

Q4

Terry lost her ELA book. Her school charges a lost book fee of 60 % of the cost of the book. Terry received a notice stating she owed the school $45 for the lost book.

Which equation best represents the proportional relationship between the school’s cost for the book and the amount a student must pay for a lost book. Let c represent the school’s cost of the book in dollars and d represent the student’s cost in dollars

d = .60c
c = .60d
d = 45c
c = 45d

Question 5

Q5

Terry lost her ELA book. Her school charges a lost book fee of 60 % of the cost of the book. Terry received a notice stating she owed the school $45 for the lost book.

How much did the school pay for the book?

A.$75
B.$18
C.$63
D.$27