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FINAL

Staticshock3102
Apr 25th, 2018
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  1. Grade Received: 70.0% (84.00 pts out of 120.00 pts)
  2.  
  3.  
  4. Question Number 1 Points: 5.00/5.00
  5. Question Text
  6. Part of preparing for the worst is purchasing insurance. Insurance will help you in which of the following cases?
  7. Your Answer
  8. B. You get into a traffic accident.
  9. Question Number 2 Points: 5.00/5.00
  10. Question Text
  11. This type of insurance pays for damages to the insured's vehicle.
  12. Your Answer
  13. A. Collision insurance
  14. Question Number 3 Points: 5.00/5.00
  15. Question Text
  16. In general, how do older drivers compare with younger drivers?
  17. Your Answer
  18. D. Older drivers are more cautious.
  19. Question Number 4 Points: 5.00/5.00
  20. Question Text
  21. Having the privilege to enjoy the best in life isn’t just about playing games and having fun. You have to earn this privilege. Which of the following plays a major part in earning this privilege?
  22. Your Answer
  23. A. Being legal, insured, and safe while enjoying the freedom and education of driving
  24. Question Number 5 Points: 5.00/5.00
  25. Question Text
  26. This type of insurance pays for accident-related expenses when the other driver caused the accident but does not have any insurance to pay for the damages.
  27. Your Answer
  28. H. Uninsured motorist insurance
  29. Question Number 6 Points: 5.00/5.00
  30. Question Text
  31. This type of insurance pays for injuries to the driver and passengers.
  32. Your Answer
  33. F. Medical insurance
  34. Question Number 7 Points: 2.00/2.00
  35. Question Text
  36. The average female driver typically takes more chances than the average male driver.
  37. Your Answer
  38. False
  39. Question Number 8 Points: 0.00/5.00
  40. Question Text
  41. Suppose that an insurance company’s monthly earnings can be estimated using the given formula: E = QP – AC – V. Use the formula to answer the following question: Q = 1,550, P = $148.50, A = 24, C = $2,500, and V = $215,000. What are the monthly earnings? Show a loss in parentheses as ($23100) and break even at $0, for example.
  42. Your Answer
  43. B. ($32568)
  44. Question Number 9 Points: 5.00/5.00
  45. Question Text
  46. This type of insurance covers the difference between the actual value of the vehicle and the loan amount on it.
  47. Your Answer
  48. C. Gap insurance
  49. Question Number 10 Points: 2.00/2.00
  50. Question Text
  51. The average young male driver gets stopped by the police more often than the average young female driver.
  52. Your Answer
  53. True
  54. Question Number 1 Points: 0.00/5.00
  55. Question Text
  56. When you have your own savings account and can decide to make a loan to yourself and pay yourself back, what is the word that describes your position?
  57. Your Answer
  58. D. Reapportionment
  59. Question Number 2 Points: 5.00/5.00
  60. Question Text
  61. What is the name for the type of arranged monthly payment that is made from a savings or retirement fund so that the balance may continue to draw interest?
  62. Your Answer
  63. A. Annuity
  64. Question Number 3 Points: 0.00/5.00
  65. Question Text
  66. When you are investing money for your future, what is a good saying to remember?
  67. Your Answer
  68. B. Early to bed, early to rise makes a man healthy, wealthy, and wise.
  69. Question Number 4 Points: 5.00/5.00
  70. Question Text
  71. What is an effective way of saving monthly in advance in order to buy a car even while your current car is depreciating?
  72. Your Answer
  73. C. Sinking fund
  74. Question Number 5 Points: 5.00/5.00
  75. Question Text
  76. What is a term which describes how much you own in property and savings and what debts that you are responsible for?
  77. Your Answer
  78. C. Financial position
  79. Question Number 6 Points: 0.00/5.00
  80. Question Text
  81. This type of insurance pays for damages to the insured's vehicle.
  82. Your Answer
  83. E. Liability insurance
  84. Question Number 7 Points: 0.00/5.00
  85. Question Text
  86. Use the given formula to solve the following problem: When the amount financed is $15,480, the monthly payment is $621.33, and the monthly interest rate is 0.00583, how long do you have to pay?
  87. n = log of the quantity P divided by the quantity P minus eh R, divided by the log of the quantity 1 plus r
  88. Your Answer
  89. B. 23 months
  90. Question Number 8 Points: 5.00/5.00
  91. Question Text
  92. When saving for your future, is it better to start saving at younger age, or save more when you get older?
  93. Your Answer
  94. A. Start saving at a younger age.
  95. Question Number 9 Points: 5.00/5.00
  96. Question Text
  97. According to the table below, what is the last cost per share for Starbucks?
  98.  
  99. Sampling from stock market report July 15, 2005
  100.  
  101. 53 Week Year to Date
  102. Hi Lo Name Div Yld Last Chg Chg
  103. 66.85 46.40 Boeing 1.00 1.5 64.58 +24.7
  104. 25.00 22.75 Dillard38 1.88 7.8 24.25 -.36 -2.3
  105. 16.09 8.70 Goodyear 15.86 +.22 +8.2
  106. 64.26 42.05 Starbucks 52.46 +.75 -15.9
  107. 42.27 33.71 VerizonenCm 1.62 4.7 34.30 +.22 -14.1
  108. Your Answer
  109. A. $52.46
  110. Question Number 10 Points: 5.00/5.00
  111. Question Text
  112. What is the behavior called that would compel stockholders to plan to buy stock expecting the price to rise and then sell their stock?
  113. Your Answer
  114. B. Bullish behavior
  115. Question Number 11 Points: 5.00/5.00
  116. Question Text
  117. Your late grandmother leaves you $5,000 in a mutual fund account that earns 4% interest. What is the amount of savings that you have in the account at the end of the second year?
  118. Your Answer
  119. C. $5,408
  120. Question Number 12 Points: 5.00/5.00
  121. Question Text
  122. S = P((1 + r)n – 1)/r is a formula for saving a fixed amount P at the end of each month or at the end of year. When the interest rate is high, how do the savings grow?
  123. Your Answer
  124. D. Quickly
  125. Question Number 13 Points: 5.00/5.00
  126. Question Text
  127. Where would you keep your daughter’s report card?
  128. Your Answer
  129. C. Personal file under your daughter’s name
  130. Question Number 14 Points: 5.00/5.00
  131. Question Text
  132. Which of the following is the most important thing you should do before purchasing a used car from a dealer?
  133. Your Answer
  134. B. Find a dealer who is reputable and that you feel comfortable with.
  135. Question Number 15 Points: 5.00/5.00
  136. Question Text
  137. When you have a chance to enjoy housing that you do not have to pay for, and if you are earning wages, which of the following would be the most appropriate use of this time?
  138. Your Answer
  139. D. An opportunity to save or complete your education
  140. Question Number 16 Points: 5.00/5.00
  141. Question Text
  142. Use the table below to answer this question: What would $1,000 invested in World be expected to accumulate to according to the 2009 table entry?
  143. 2004- 2011 1 Year 2004 5 Year average htvestment Amount 2005 2006 2007 2008 2009
  144. 1 GIF 3.5% 4.5% $1,000 1045 1092 1141 1193 1246
  145. 2 Bonds 5.4% 6.5% $1,000 1065 1134 1208 1286 1370
  146. 3 Mut '1 I 7.9% 8.1% $1,000 1081 1168 1263 1366 1476
  147. 4 Mut '1 II 9.05% 8.99% $1,000 1090 1188 1295 1411 1538
  148. 5 World 11.21% 11.30% $1,000 1113 1239 1379 1535 1708
  149. 6 Edsel II (5.5%) (5.9%) $1,000 941 885 833 784 738
  150. TOTAL $6,000 $6,335 $6,706 $7119 $7,574 $8,076
  151. Your Answer
  152. C. $1,708
  153. Question Number 17 Points: 5.00/5.00
  154. Question Text
  155. Which of the following is NOT a commonly used income tax form?
  156. Your Answer
  157. C. 1040EX
  158. Question Number 18 Points: 0.00/5.00
  159. Question Text
  160. What kind of interval is [4,7]?
  161. Your Answer
  162. D. Closed open
  163. Question Number 19 Points: 0.00/5.00
  164. Question Text
  165. What is the annual percentage of increase when $1,000 is invested and $1,600 is accumulated in one year?
  166. Your Answer
  167. D. 160.0%
  168. Question Number 20 Points: 5.00/5.00
  169. Question Text
  170. The average between the CPI and the PPI is very close to what type of function?
  171.  
  172. Click here for a long description of the image above.
  173.  
  174. Your Answer
  175. B. A linear function
  176. Question Number 21 Points: 0.00/5.00
  177. Question Text
  178. What kind of interval is [-2,2)?
  179. Your Answer
  180. C. Closed closed
  181. Question Number 22 Points: 5.00/5.00
  182. Question Text
  183. On what axis (x is the horizontal axis and y is the vertical axis) is the point (5, 4)?
  184. Your Answer
  185. A. Not on an axis
  186. Question Number 23 Points: 0.00/5.00
  187. Question Text
  188. This type of insurance covers the difference between the actual value of the vehicle and the loan amount on it.
  189. Your Answer
  190. B. Comprehensive insurance
  191. Question Number 24 Points: 5.00/5.00
  192. Question Text
  193. On what axis (x is the horizontal axis and y is the vertical axis) is the point (0, -2)?
  194. Your Answer
  195. D. Y-axis
  196. Question Number 25 Points: 5.00/5.00
  197. Question Text
  198. Using the given formula, what is the monthly payment for an auto loan of $14,790 for four years at 6.9% annual interest?
  199.  
  200. Click here for a long description of the image above.
  201.  
  202. Your Answer
  203. C. $353.48
  204. Question Number 26 Points: 5.00/5.00
  205. Question Text
  206. When you buy homeowner’s insurance, as with any other insurance, you get a document that tells what the insurance premium is, what the insurance covers in detail so that all coverage questions can be understood by the insurer and the insured.
  207. What is the name for this document?
  208. Your Answer
  209. D. Policy
  210. Question Number 27 Points: 5.00/5.00
  211. Question Text
  212. Under rapid depreciation at 20% per year, at the end of the first year, a $73,000 truck would depreciate by how much?
  213. Your Answer
  214. A. $14,600
  215. Question Number 28 Points: 5.00/5.00
  216. Question Text
  217. John Tremain travels 294 miles on 14 gallons of gasoline. What is his gasoline mileage in miles per gallon?
  218. Your Answer
  219. C. 21
  220. Question Number 29 Points: 5.00/5.00
  221. Question Text
  222. Use the given equation: Ed and Jane McCormick want to purchase a new home; they can afford $625 per month and want a 25-year loan.
  223. The current annual interest rate is 6.85%. Up to what price of home can they afford?
  224.  
  225. Click here for a long description of the image above.
  226. Your Answer
  227. B. $89,640.00
  228. Question Number 30 Points: 5.00/5.00
  229. Question Text
  230. A graph that shows irregular intervals of investment results is what kind of graph?
  231. Your Answer
  232. B. A scatter graph
  233. Question Number 31 Points: 0.00/5.00
  234. Question Text
  235. Suppose that an insurance company’s monthly earnings can be estimated using the given formula: E = QP – AC – V. Use the formula to answer the following question: Q = 1,550, P = $148.50, A = 24, C = $2,500, and V = $215,000. What are the monthly earnings? Show a loss in parentheses as ($23100) and break even at $0, for example.
  236. Your Answer
  237. B. ($32568)
  238. Question Number 32 Points: 5.00/5.00
  239. Question Text
  240. Who has the right to levy taxes on the income of individuals and businesses by the ruling of the 16th Amendment of the Constitution that was signed into law in 1913?
  241. Your Answer
  242. A. Congress
  243. Question Number 33 Points: 5.00/5.00
  244. Question Text
  245. Carlos and Letitia Elmos have arranged for the following monthly payment, which includes several items in addition to principal and interest.
  246. Add the items that make up Carlos and Letitia’s monthly house payment in the table. What is the total monthly payment?
  247. Principal and Interest $559.85
  248. Hazard Insurance $85.17
  249. Real Estate Taxes(City) $0.00
  250. Real Estate Taxes (county) $100.59
  251. Mortgage insurance $23.78
  252. Total payment [Total of above items]
  253. Your Answer
  254. C. $769.39
  255. Question Number 34 Points: 5.00/5.00
  256. Question Text
  257. If you get a $50.00 raise in pay per month and your taxes also increase about $50.00 per month, how would you probably feel?
  258. Your Answer
  259. C. Resentful because it seems unfair
  260. Question Number 35 Points: 5.00/5.00
  261. Question Text
  262. Which of the following is NOT used with regard to income taxes?
  263. Your Answer
  264. B. 2199Z
  265. Question Number 36 Points: 5.00/5.00
  266. Question Text
  267. What is S if r = 0.006, n = 210, and A = $1500.00? Use S = A(1 + r) n.
  268. Your Answer
  269. C. $5,268.26
  270. Question Number 37 Points: 0.00/5.00
  271. Question Text
  272. Using the given formula, solve the following problem: Given that the monthly car payment is $357.50, the annual interest rate is 6.75%, and the finance term is 36 months, what price car can you afford?
  273. A = P times the quantity of the quantity 1 + r, to the power of n minus 1 divided by the r times the quantity 1 + r, to the power of n
  274. Your Answer
  275. C. $11,080.80
  276. Question Number 38 Points: 0.00/5.00
  277. Question Text
  278. Why do many people choose to overpay their taxes throughout the year?
  279. Your Answer
  280. D. They will avoid getting audited.
  281. Question Number 39 Points: 0.00/5.00
  282. Question Text
  283. What term describes cost minus earnings?
  284. Your Answer
  285. C. Profit
  286. Question Number 40 Points: 5.00/5.00
  287. Question Text
  288. According to the table below, what is the rate of change increase from 2002 to 2003?
  289. Years Rate of Change CPI Increase Sum
  290. 2000 to 2001 0.029036 172.2 5 177.2
  291. 2001 to 2002 0.015237 177.2 2.7 179.9
  292. 2002 to 2003 0.02279 179.9 4.1 184.0
  293. 2000 to 2003 0.068525 184.0 11.8 N/A
  294. 2000 to 2003 0.022842 172.2(FirstYear) 3.933333 176.1333
  295. 176.1333 3.933333 180.0667
  296. 180.0667 3.933333 184
  297. Your Answer
  298. C. 0.022790
  299. Question Number 41 Points: 5.00/5.00
  300. Question Text
  301. Which is NOT a safety consideration for drivers when thinking of others, family, and self?
  302. Your Answer
  303. C. Make sure all passengers have health insurance.
  304. Question Number 42 Points: 5.00/5.00
  305. Question Text
  306. When you allow yourself to borrow up to half of one of your own savings accounts and then with self-discipline not touch it again until you have replaced it, what rule is this?
  307. Your Answer
  308. A. The 50% rule
  309. Question Number 43 Points: 0.00/5.00
  310. Question Text
  311. Use the given formula to calculate the answers to the following problem: If m = 3, r = .007, A = $26,000, and P = $856.62, what is the balance on the loan?
  312.  
  313. Click here for a long description of the image above.
  314.  
  315. Your Answer
  316. B. $17,263.40
  317. Question Number 44 Points: 5.00/5.00
  318. Question Text
  319. Using the given formula, solve the following problem: Given that the monthly car payment is $725.00, the annual interest rate is 8.25%, and the finance term is 48 months, what price car can you afford?
  320. A = P times the quantity of the quantity 1 + r, to the power of n minus 1 divided by the r times the quantity 1 + r, to the power of n
  321. Your Answer
  322. B. $29,555.50
  323. Question Number 45 Points: 0.00/5.00
  324. Question Text
  325. Use the given formula to solve the following problem: When the amount financed is $12,000, the monthly payment is $480.00, and the annual interest rate is 6.697%, how long do you have to pay?
  326. n = log of the quantity P divided by the quantity P minus eh R, divided by the log of the quantity 1 plus r
  327. Your Answer
  328. C. 31 months
  329. Question Number 46 Points: 5.00/5.00
  330. Question Text
  331. What is a description of insurance that includes towing, garage fees, and accident clean up?
  332. Your Answer
  333. B. Insurance extras
  334. Question Number 47 Points: 0.00/5.00
  335. Question Text
  336. What does a growing business often do to continue to grow and be competitive?
  337. Your Answer
  338. B. Cut back their inventory
  339. Question Number 48 Points: 0.00/5.00
  340. Question Text
  341. Which of the following is NOT an advantage of an Individual Retirement Arrangement?
  342. Your Answer
  343. B. It allows taxes to be paid later.
  344. Question Number 49 Points: 0.00/5.00
  345. Question Text
  346. Use the given formula to calculate the answers to the following problem: If m = 14, r = .01, A = $24,000, and P = $929.95, what is the balance on the loan?
  347.  
  348. Click here for a long description of the image above.
  349.  
  350. Your Answer
  351. C. $17,263.40
  352. Question Number 50 Points: 0.00/5.00
  353. Question Text
  354. If you make an insurance claim and your insurance company will pay everything after the initial $500 of the expense, what is the insurance jargon term for this $500?
  355. Your Answer
  356. D. First payment
  357. Question Number 51 Points: 5.00/5.00
  358. Question Text
  359. Alexis Garcia travels 189 miles on 8 gallons of gasoline. What is her gasoline mileage in miles per gallon?
  360. Your Answer
  361. C. about 23.5 mpg
  362. Question Number 52 Points: 5.00/5.00
  363. Question Text
  364. What type of insurance pays personal expenses due to an accident that was the fault of the other driver who was uninsured?
  365. Your Answer
  366. D. Uninsured motorist
  367. Question Number 53 Points: 5.00/5.00
  368. Question Text
  369. An important thing in real life and in mathematics is to be able to establish a unique identification and a one-to-one relationship between objects and functions. How can this be done practically with a list of household maintenance tasks?
  370. Your Answer
  371. D. List them by number and/or unique description
  372. Question Number 54 Points: 5.00/5.00
  373. Question Text
  374. In the earnings equation E = QP – AC – V for an insurance company, if E = $0, what happens immediately if there are a lot of accidents not anticipated by the insurance company?
  375. Your Answer
  376. A. Earnings will go negative.
  377. Question Number 55 Points: 0.00/5.00
  378. Question Text
  379. What is a table that tries to predict interest earnings on a selected mix of investments?
  380. Your Answer
  381. D. Stock report
  382. Question Number 56 Points: 0.00/5.00
  383. Question Text
  384. What would NOT be a common and practical reason for keeping receipts for costs of home maintenance?
  385. Your Answer
  386. C. You can keep track of what you have done on particular items around the home.
  387. Question Number 57 Points: 5.00/5.00
  388. Question Text
  389. Using the table and all other items remaining the same, what exactly will the total budget be if no entertainment, recreation, souvenirs, and fees are required?
  390. Vacations Budget Item DesciQuantity Unit Cost Extended Cost
  391. Gasoline 166.27 gallons $2.201/gallon $365.79
  392. Service Oil change/fluids $39.42 $39.42
  393. Food 45 meals $4.78, $13.00 $400.05
  394. Lodging 13 nights $42.00-night $546.00
  395. Entertainment / Recreation Fees, Souvenirs $300.00
  396. Miscellaneous Mexico & Canada Expenses $500.00
  397. TOTAL $2,151.26
  398. Your Answer
  399. A. $1851.26
  400. Question Number 58 Points: 0.00/5.00
  401. Question Text
  402. What is a disadvantage of overpaying your taxes during the year?
  403. Your Answer
  404. A. You avoid getting audited, but your refund is significantly lower.
  405. Question Number 59 Points: 5.00/5.00
  406. Question Text
  407. What is the sum of the following driving times: 2:52 + 2:51 + 1:00 + 2:45 + 1:39?
  408. Your Answer
  409. B. 07
  410. Question Number 60 Points: 5.00/5.00
  411. Question Text
  412. What is the sum of the following driving times: 4:28 + 2:11 + 1:00 + 3:25 + 2:30?
  413. Your Answer
  414. B. 34
  415. Question Number 61 Points: 5.00/5.00
  416. Question Text
  417. What is an example of a cost that would be saved if you do not drive a car?
  418. Your Answer
  419. B. Driver’s license fees
  420. Question Number 62 Points: 5.00/5.00
  421. Question Text
  422. What will the sales price S be if M = $1,740 is marked up from P = $19,422?
  423. Your Answer
  424. C. $21,162
  425. Question Number 63 Points: 5.00/5.00
  426. Question Text
  427. Using the table, if the entire trip costs $2048.98, will the budget be met?
  428.  
  429. Vacations Budget Item DesciQuantity Unit Cost Extended Cost
  430. Gasoline 166.27 gallons $2.201/gallon $365.79
  431. Service Oil change/fluids $39.42 $39.42
  432. Food 45 meals $4.78, $13.00 $400.05
  433. Lodging 13 nights $42.00-night $546.00
  434. Entertainment / Recreation Fees, Souvenirs $300.00
  435. Miscellaneous Mexico & Canada Expenses $500.00
  436. TOTAL $2,151.26
  437. Your Answer
  438. C. The budget will be a success with money left over.
  439. Question Number 64 Points: 5.00/5.00
  440. Question Text
  441. Sometimes when a friend or parent lets you stay in their home, there are expenses for food, utilities, and other things that are taken for granted. What should the appreciative guest do?
  442. Your Answer
  443. B. Make a regular payment to their host to help with expenses of food, utilities, etc.
  444. Question Number 65 Points: 0.00/5.00
  445. Question Text
  446. Use the given equation: Quincy and Della King’s financial position has changed; they can afford $770 per month and want a 25-year loan. The current annual interest rate is now 6.55%.
  447. Up to what price of home can they now afford?
  448.  
  449. Click here for a long description of the image above.
  450. Your Answer
  451. A. $97,048.52
  452. Question Number 66 Points: 5.00/5.00
  453. Question Text
  454. Which is a less expensive way of buying a lodging place?
  455. Your Answer
  456. C. Purchasing a mobile home
  457. Question Number 67 Points: 5.00/5.00
  458. Question Text
  459. What is a term for accepting others’ goods on a continuing basis without offering anything of value in return?
  460. Your Answer
  461. A. Freeloading
  462. Question Number 68 Points: 5.00/5.00
  463. Question Text
  464. What is the term for the amount of value that you have in a property that you are purchasing or already own?
  465. Your Answer
  466. B. Equity
  467. Question Number 69 Points: 5.00/5.00
  468. Question Text
  469. Use a calculator to compute the following: approximate M = Pr(1 + r)n / [(1 + r)n – 1], where P = 100, r = 0.005, and n = 36.
  470. Your Answer
  471. A. M = 3.042
  472. Question Number 70 Points: 5.00/5.00
  473. Question Text
  474. Use a calculator to compute the following: approximate M = Pr(1 + r)n / [(1 + r)n – 1], where P = 10,000, r = 0.00583, and n = 24.
  475. Your Answer
  476. D. M = 447.708
  477. Question Number 71 Points: 0.00/5.00
  478. Question Text
  479. Under rapid depreciation of 20% per year, at the end of three years, a $28,000 car would have what resale value?
  480. Your Answer
  481. A. $11,200
  482. Question Number 72 Points: 5.00/5.00
  483. Question Text
  484. What tax collection organization was founded in 1862?
  485. Your Answer
  486. C. Internal Revenue Service
  487. Question Number 73 Points: 5.00/5.00
  488. Question Text
  489. When you get a raise in pay, what often happens to your income taxes?
  490. Your Answer
  491. C. They increase due to a change in tax bracket.
  492. Question Number 74 Points: 0.00/5.00
  493. Question Text
  494. According to the formula, if the end of month deposit is $150, the monthly interest rate is 0.006%, and the term is 12 years, find A.
  495.  
  496. Click here for a long description of the image above.
  497. Your Answer
  498. C. $60,172.08
  499. Question Number 75 Points: 5.00/5.00
  500. Question Text
  501. In the table, what amount goes in item (3)?
  502. SUMMARY OF BORROWER'S TRANSACTION
  503. Contract sales price (1) $118,000.00
  504. Settlement charges to borrower (2) $3491.04
  505. Gross amount due from borrower (3) = (1)+(2)
  506. Deposit or earnest money (4) $500.00
  507. Principal amount of new loan (5) $94400.00
  508. County taxes (half year) (6) $605.36
  509. Total paid by borrower (7) = (4)+(5)+(6)
  510. Gross amount due from borrower (8) = (9) + (10)
  511. Less amount paid by borrower (9) $95,505.36
  512. Cash from borrower (10) $25,985.68
  513. Your Answer
  514. B. $121,491.04
  515. Question Number 76 Points: 5.00/5.00
  516. Question Text
  517. Your rich uncle leaves you $5,000 in a mutual fund account that earns 4% interest. What is the amount of savings that you have in the account at the end of the first year?
  518. Your Answer
  519. C. $5,200
  520. Question Number 77 Points: 5.00/5.00
  521. Question Text
  522. What is a live-in option that is often done as a benefit for the employee?
  523. Your Answer
  524. B. Living at a jobsite as part of your employment agreement
  525. Question Number 78 Points: 5.00/5.00
  526. Question Text
  527. You are a caretaker of an apartment complex, and as part of your compensation or earnings, you get a $450-per-month apartment to live in.
  528. You earn as regular wages $2,300 per month. What are your total earnings and benefits per month?
  529. Your Answer
  530. C. $2,750
  531. Question Number 79 Points: 5.00/5.00
  532. Question Text
  533. In preparing and adding to your list of maintenance items to perform, what is a good thing to do with the list occasionally so that the more important tasks are attended to first?
  534. Your Answer
  535. C. Prioritize the items on the list
  536. Question Number 80 Points: 5.00/5.00
  537. Question Text
  538. You paint 12 apartments as a part-time job working for your landlord. Each apartment takes as an average 3 gallons of paint, and each gallon costs $28.00. You earn a credit for $150 per apartment, but you do not have to pay for the paint.
  539. How much compensation (earnings) do you have to show on your income tax return?
  540. Your Answer
  541. C. $1,800
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