Texas Go Math Grade 8 Module 16 Quiz Answer Key

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Texas Go Math Grade 8 Module 16 Quiz Answer Key

Texas Go Math Grade 8 Module 16 Ready to Go On? Answer Key

16.1 Repaying Loans

Dustin is taking out a loan for $2000 and wants to know how much money he will save by taking a 2-year loan at 14% interest instead of 20% interest. (Use an online calculator.)

Question 1.
What is the total repayment for the 20% loan?.
Answer:

Question 2.
What is the total repayment for the 14% loan?.
Answer:

Question 3.
How much can Dustin save?
Answer:

16.2 Saving and Investing

Question 4.
Cecilia has $800 in an account earning 4.5% simple interest. How much more interest would her account earn in 7 years with annually compounded interest?
Answer:

16.3 Analyzing Financial Situations

Question 5.
Byron has $250 in his savings account. He starts a new job next week and spends $300 on tickets to a sporting event to celebrate. Is his decision financially responsible or financially irresponsible? Explain.
Answer:

16.4 Estimating College Costs and Payments

Question 6.
At the beginning of each of the last two years, Alfonso put $4200 from his earnings as a part-time pizza delivery driver into a college savings account earning 2.4% interest compounded annually. Complete the table to determine how much money Alfonso has saved.
Texas Go Math Grade 8 Module 16 Quiz Answer Key 1
Answer:

Texas Go Math Grade 8 Module 16 Mixed Review Texas Test Prep Answer Key

Selected Response

Question 1.
Which interest rate and time period result in the lowest total loan repayment for a $4000 loan earning simple interest?
(A) 3 years at 11%
(B) 3 years at 13%
(C) 4 years at 8%
(D) 4 years at 11%
Answer:

Question 2.
Which equation represents a non proportional relationship?
(A) y = -5x
(B) y = 5x + 0
(C) y = \(\frac{1}{5}\)x
(D) y = 5x – 5
Answer:

Question 3.
Jemarcus starts with $1200 in a college savings account. His account earns interest at a rate of 1.8% compounded annually. How much money is in the account after 6 years?
(A) $1221.60
(B) $1265.97
(C) $1329.60
(D) $1335.57
Answer:

Question 4.
Which equation relates x and y for the set of ordered pairs (4, 1), (8, 2), (12, 3)?
(A) y = \(\frac{1}{4}\)x
(B) y = 4x
(C) y = x – 3
(D) y = x – 9
Answer:

Question 5.
Danielle received a gift card to a clothing store and uses it to buy a pair of jeans. Which payment method did she use?
(A) cash
(B) credit card
(C) debit card
(D) stored-value card
Answer:

Question 6.
Ashley is considering attending the state university to obtain a 4-year bachelor’s degree. For one year, the tuition and fees are $9890, room and board are $8250, and books are $680. What will be the total of these costs over the 4 years of obtaining the degree?
(A) $18,140
(B) $18,820
(C) $37,640
(D) $75,280
Answer:

Question 7.
Triangle ABC, with vertices A(2, 3), 8(4, -5), arid C(6, 8), is reflected across the x-axis to form triangle A’B’C’. What are the coordinates of triangle A’B’C’?
(A) A'(2, -3), B'(4, 5), C'(6, -8)
(B) A'(-2, 3), B'(-4, -5), C'(-6, 8)
(C) A'(-2, -3), B'(-4, 5), C'(-6, -8)
(D) A'(2, -3), B'(4, -11), C'(6, 2)
Answer:

Gridded Response

Question 8.
A cone-shaped cup has a height of 3 inches and a volume of 9 cubic inches. What is the length in inches of the diameter of the cone? Use 3.14 for π. Round your answer to the nearest hundredth.
Texas Go Math Grade 8 Module 16 Quiz Answer Key 2
Answer:

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