Name:    Algebra Quiz 2

Multiple Choice
Identify the choice that best completes the statement or answers the question.

1.

Solve for “x” algebraically:
 a. c. b. d. 3

2.

Solve for “x”
 a. c. b. d.

3.

Solve for “x”:
 a. c. 25 b. d. -25

4.

Solve for “x”:
 a. c. b. d.

5.

Solve for “x”
 a. c. b. d.

6.

Solve for “x”
 a. c. b. d.

7.

Jason bought an used car and spend \$1500 on it every month.  His montly expenses on the car are \$300 on gas, \$800 on the lease, and car insurance that is of the value of his car.  How much is his car?
 a. \$400 c. \$9500 b. \$850 d. \$8000

8.

Sarah was in a car accident when driving to Seattle and did not buy car insurance.  She stayed in an hospital that charges her \$235 per day.  The cost to repair all damages was from the accident was \$14,500.  If Sarah has \$35,885 saved in her bank account, what is the maximum number of days she can afford to stay in the hospital after paying for all the damages?
 a. 17 c. 91 b. 81 d. 110

9.

of all the houses in Kelowna were damaged by flooding in 2017.  of all the houses in Kelowna were damaged by flooding in 2015.  Suppose the number of houses remained relatively similar between 2105 and 2017, and 56,000 more houses were affected in 2015, how many houses are there in Kelowna?
 a. 110,000 c. 95,000 b. 120,000 d. 1,100,000

10.

Jason and his wife wants to buy a house in Vancouver.  In order to be approved for a mortgage, he needs to have a downpayment that is equivalent to 15% of the value of the house he wants to buy. A mortgage is money you borrow from the bank to buy the house and the downpayment is what you pay from your savings. Banks want buyers to have a downpayment so there is accountability on the buyer.  The amount of your down payment determines what the maximum loan you can borrow to purchase your house.  If Jason and his wife have a downpayment of \$87,000, then what is the the maximum loan that can he borrow to buy his house?
 a. \$580,000 c. \$870,000 b. \$8,700,000 d. \$680,000