PFB pre/post

What is 6% of 200?

• .12

• 12.4

• 120

• 12

• 1.2

Find the percent increase or decrease: The field grew from 95 trees to 145 trees.

• 34% increase

• 34% decrease

• 53% increase

• 53% decrease

• 43% increase

Fill in the blank: The interest is $_____.00

(section 5.5)

• $30.30

• $22.30

• $23.06

• $22.00

• $33.30

What is the interest accrued?

(section 5.6)

• $1,371.53

• $1,571.53

• $1,871.53

• $1,271.53

• $1,251.35

Eddie Spaghetti invested $2,000 at 5.5% interest compounded quarterly for 2 years. The total amount of interest accrued is $________.

(Section 5.6)

Phil Jones deposits $500 in an ordinary annuity at the end of each quarter. The account earns 6% interest compounded quarterly. What is the future value of the account in 2 years?

(section 5.8)

• $4,216.42

• $4,516.42

• $5,216.42

• $6,216.42

• $6,146.81

Melanie Lambert purchased 100 shares of VXO stock at $106.30 per share. What is the total amount that she paid for the stock?

(section 12.3)

• $12,645.95

• $16,645.95

• $10,630.00

• $11,645.95

• $10,845.95

Melanie Lambert purchased 200 shares of APPL stock at $206.30 per share. She decided to sell the stock a week later at 204.25 per share. What is her capital gain or loss?

(section 12.3)

• loss of $12.95

• gain of $645.95

• loss of $410.00

• gain of $11.95

• loss of $410.00

What is a large pool of money that several people put together, and that is usually invested in stocks and bonds and managed by a financial expert?

• Mutual fund
• Stock
• Bond
• Bitcoin