The graph below compares the age of car to its value. Which of the following is the age of the car when its value is $12,500?
A. Between 2 and 3 years
B. Less than 1 year
C. Greater than 3 years
D. Between 1 and 2 years
We extrapolate the values of a line between 10 and 15 on y-axis to meet the curve and drop another line from the intersection of the curve to meet the x-axis and read off the age of the car.
Now, let’s extrapolate in the following diagram
The intersection of the line and the x-axis is between 4 and 5 years. This means that the car is about 4.5 years old. From the options given, the age of the car is more than 3 years old.
Therefore, the Correct Answer is C.
More Questions on TEAS 7 Math
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Q #1: What is the area of a square that measures 3.1m on each side?
A. 12.4m2
B. 9.61m2
C. 6.2m2
D. 9.1m2
Answer Explanation
Here we are required to find the area of the square of sides 3.1 m. The square is a four-sided figure with each side equal and opposite sides making 90 degrees.
Area of the square =side*side
Side=3.1 m
Area of the square=3.1 m *3.1 m=9.61 m2
Note: 3.1 + 3.1 = 6.2 which is a wrong answer.
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Q #2: Pat deposits $600 in a savings account at a simple interest rate 6% per year for 5 years. How much money will Pat have earned in interest at the end of 5 years?
A. $360
B. $180
C. $95
D. $36
Answer Explanation
In the simple interest, we utilize the following formula to find the simple interest after a period of time in years.
I=P*r*t
I is the interest
P=Principal or initial deposit
r=rate
t=time in years
From the given problem, P=$600, r=6%=6/100=0.06, t=5 years. Then
I=$600*0.06*5=$180
After 5 years, Pat will earn an interest of $180.
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Q #3: If the trend below continues, which of the following is the best estimate of the average price of a home in 2016?
A. $155,000
B. $120,000
C. $125,000
D. $140,000
Answer Explanation
Looking at the given trend, it is observed that the price increases with years. From 2008 to 2012, the price is fairly constant but we expect it to be more than $130,000 in the year 2016. The expected price in 2016 is $140,000.
