Savings and Loans Test Review

What is 250% as a decimal number.

Mathematical Equivalence

ON

What percent of 24 is 81?

• 0.3%

• 337.5%

• 29%

• 3.4%

• None of these.

77% of 3 is what?

• 5.9

• 1700

• 2.3

• 3.9

• None of these.

149% of what is 83.8?

• 0.76

• 56.2

• 76

• 97.3

• None of these.

According to Ramsey,

Enjoy it! Save it! Give it!

• Are things your money need to do.

• Categories of savings.

• Criteria for spending an emergency fund.

• Are ways to spend your retirement money.

According to Ramsey,

Your emergency fund should only be used when all three of these are met.

• Urgent

• Necessary

• Unexpected

• Enjoyable

• Murphy's Law

According to Ramsey,

Emergency Fund

Large Purchases

Building Wealth

• Are things your money need to do.

• Categories of savings.

• Criteria for spending an emergency fund.

• Are ways to spend your retirement money.

An investment of $20,000 was made at an annual interest rate of 9% for 7 years. Find the simple interest earned.

Mathematical Equivalence

ON

An investment of $20,000 was made at an annual interest rate of 9% for 7 years. Find the interest earned if compounded weekly. Round the answer to a whole number.

Mathematical Equivalence

ON

An investment of $20,000 was made at an annual interest rate of 9% for 7 years. Find the interest earned if compounded continuously. Round the answer to a whole number.

Mathematical Equivalence

ON