Search Header Logo

Chapter 12 Investments Review

Authored by Elias Pew

Mathematics

12th Grade

CCSS covered

Used 4+ times

Chapter 12 Investments Review
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Ray Vaughn invests $1,500 in a 1-year certificate of deposit that earns interest at an annual rate of 7% compounded monthly. The amount per $1.00 is 1.072290. How much interest will he earn at the end of one year?

$60.00
$105.00
$108.44
$1,608.44

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Jacquelyn French deposits $12,000 in a 4-year CD that earns interest at an annual rate of 3.25% compounded daily. Find the amount of the CD in 4-years.

$13,665.86
$13,663.54
$13,529.89
$13.393.66

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Tina Ahern invested $2,000 in a certificate of deposit for 3 years. The certificate earns interest at an annual rate of 7.5% compounded quarterly. What is the effective annual yield to the nearest thousandth of a percent?

0.0079%
0.798%
7.713%
8.098%

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Khira Rable invests $3,000 in a certificate of deposit for 2 years. The certificate earns interest at an annual rate of 2.5% compounded quarterly. What is the annual percentage yield to the nearest thousandth of a percent?

0.025%
2.5%
2.523%
2.712%

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Mary Beth Healy purchased 50 shares of stock at $23.50 per share. Her Internet online broker charged her a $14.95 commission. What is the total amount that she paid for the stock?

$427.50
$747.50
$1175.00
$1189.95

Tags

CCSS.7.EE.B.3

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Dante Flores bought 1,200 shares of Metro Health Care REIT at $84.36 per share. The broker's commission was $14.95 for fewer than 1,000 shares or $0.015 per share for 1,000 or more. What was the total Dante paid?

$101,232.00
$101,246.95
$101,249.95
$101,250.00

Tags

CCSS.7.EE.B.3

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Aisha Knox paid a total of $1,500 for 75 shares of stock. He sold the stock for $22.50 a share and paid a sales commission of $49.00. What is the profit or loss from the sale?

$138.50 loss
$138.50 profit
$236.50 loss
$236.50 profit

Tags

CCSS.7.EE.B.3

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?