075 CM Fall 2022 Review for Fall Final 2022

Convert percent to decimal: 14.3%

Sylvia won $300 from a Superbowl pool. If she puts the money in a savings bond that earns 6.5% yearly simple interest, how much will the bond be worth total in 20 years?

• $690

• $390

• $600

• $450

According to Ramsey: It's hard to be disciplined and have ________.

• debt

• self control

• a bald spot

• self esteem

Which of the following is not a factor in determining a credit score?

• Having a mortgage on a house

• Money in a savings account

• Credit card usage

• Having a personal loan from a bank

Take ________ off the table.

• debt

• savings

• self control

• kindness

You have a coupon for 36% off a $350 chromebook. Calculate 36% of $350 to find how much you'll save.

Compound interest is paid on ______

• the principal only

• the interest you've already made through the investment only

• the principal plus any interest you've already made through that investment

• the principla minus the interest you've already made through the investment

Solve for x: 5(x + 4) = 35

x = __

Self-control is ________ maturity.

• emotional

• physical

• mental

• not

Bobby won $1,200 from a scratcher. If he puts the money in a mutual fund that earns 3.6% yearly interest compounded yearly, how much will he have total in 20 years? (Round to the nearest penny)