WorksheetsConsumer Math - Investments & Insurance (ch11-12)
Total questions: 14
Worksheet time: 4hrs 30mins
Barbara has a family membership in a group health insurance program. The annual premium is $12,890. Barbara's employer pays 75% of the total cost. What is Barbara's annual contribution?
$171.87
$3,222.50
$6,666.36
$9,667.50
Emilio Mendoza has a single plan. The PPO annual premium is $10,980. The employer pays 85% of the cost. How much is deducted from his weekly paycheck?
$31.67
$44.87
$179.48
$1,647.00
Robert Finch is single and has a health insurance plan with the benefits listed below. His recent network health care costs include co-payments for 1 emergency room visit, 8 physician visits, and 4 specialist visits. What amount did Robert pay?
$695
$670
$590
$570
Determine a family's network plan costs with the following co-payments: 22 physician visits, 10 specialist visits, and 8 physical therapy visits at $80 each, 1 emergency room visit plus ambulance fee. There was also a hospital charge of $2,390.
$825
$1,303
$2,053
$3,215
Omar Ahmed is 35 years old. He wants to purchase an $80,000, 5-year term life insurance policy. What is his annual premium?
$238.40
$280.80
$340.00
$362.20
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
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%
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
$1,175.00
$1,189.95
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
Geoffrey Richards bought 100 shares of stock at $32 per share. The company paid annual dividends of $0.74 per share. What is the annual yield to the nearest hundredth of a percent?
2.31%
3.20%
4.32%
7.40%
The Hamptons invested $23,495 in the Franklin Templeton "B" Mutual Fund. The net asset value of the fund at the time of purchase was $12.70 and was back-loaded, with a loading rate of 4.25%. When the Hamptons sold their fund shares, the net asset value was $13.30. Considering the back-end load, how much profit or loss did the Hamptons make on their investment?
$64.29 profit
$64.29 loss
$276.90 profit
$276.90 loss
Nelson Connors purchased a $2,500 bond at the quoted price of 89 ½. The bond paid interest at a rate of 6.5%. Find the annual yield to the nearest hundredth of a percent.
7.26%
7.78%
8.45%
10.50%
Elizabeth Houston bought a vacation condominium as a real estate rental property for $325,900. After a $100,000 down payment, she mortgaged the rest. Her annual expenses totaled $26,720 and she rented the condo for $2,350 per month. What is the annual yield?
1.48%
1.96%
2.21%
4.20%
Reba Andreassen purchased 1,275 shares of stock at $11.55 per share. The broker's commission was $19.95 for fewer than 1,500 shares or $0.015 per share for 1,500 or more. What was the total Reba paid?
$14,711.30
$14,726.25
$14,745.38
$14,746.20
