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Staticshock3102
Apr 23rd, 2018
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  1. Grade Received: 70.0% (42.00 pts out of 60.00 pts)
  2.  
  3.  
  4.  
  5. Question Number 1 Points: 5.00/5.00
  6. Question Text
  7. In the years after graduation, if Elaine earns a minimum of $24,000 and a maximum of $37,500 annually, what is her gross maximum monthly salary?
  8. Your Answer
  9. B. $3,125
  10. Question Number 2 Points: 0.00/5.00
  11. Question Text
  12. What is S if r = 0.0025, n = 300, and P = $500.00? Use S = P((1 + r) n – 1)/r.
  13. Your Answer
  14. C. $175,170.00
  15. Question Number 3 Points: 5.00/5.00
  16. Question Text
  17. In the years after graduation, if Elaine earns a minimum of $24,000 and a maximum of $37,500 annually, what is her maximum monthly 10% savings amount?
  18. Your Answer
  19. C. $312.50
  20. Question Number 4 Points: 5.00/5.00
  21. Question Text
  22. If your projected earnings in 10 years are $36,000 per year, what would you save in one year according to the 10% rule?
  23. Your Answer
  24. D. $3,600
  25. Question Number 5 Points: 0.00/5.00
  26. Question Text
  27. Which of the following enjoy higher interest rate earnings?
  28. Your Answer
  29. D. Taking out a loan
  30. Question Number 6 Points: 5.00/5.00
  31. Question Text
  32. If you save $1,200 at the end of each year at 10% annual interest for ten years, what is the accumulated amount of savings at the end of ten years in S = P((1 + r)n – 1)/r?
  33. Your Answer
  34. D. $19,124.91
  35. Question Number 7 Points: 5.00/5.00
  36. Question Text
  37. During the last year, what was the lowest price for Dillard38 according to the table below?
  38.  
  39. Sampling from stock market report July 15, 2005
  40.  
  41. 53 Week Year to Date
  42. Hi Lo Name Div Yld Last Chg Chg
  43. 66.85 46.40 Boeing 1.00 1.5 64.58 +24.7
  44. 25.00 22.75 Dillard38 1.88 7.8 24.25 -.36 -2.3
  45. 16.09 8.70 Goodyear 15.86 +.22 +8.2
  46. 64.26 42.05 Starbucks 52.46 +.75 -15.9
  47. 42.27 33.71 VerizonenCm 1.62 4.7 34.30 +.22 -14.1
  48. Your Answer
  49. C. $22.75
  50. Question Number 8 Points: 5.00/5.00
  51. Question Text
  52. In the years after graduation, if Elaine earns a minimum of $24,000 and a maximum of $37,500 annually, what is her gross minimum monthly salary?
  53. Your Answer
  54. B. $2,000
  55. Question Number 9 Points: 5.00/5.00
  56. Question Text
  57. If you save $1,800 at the end of each year at 5% annual interest for twenty years, what is the accumulated amount of savings at the end of twenty years in S = P((1 + r)n – 1)/r?
  58. Your Answer
  59. D. $59,518.72
  60. Question Number 10 Points: 0.00/5.00
  61. Question Text
  62. The amount of yield is a percentage of the cost per share. According to the table below, what is the amount of yield for Boeing as a percentage of last cost per share?
  63.  
  64. Sampling from stock market report July 15, 2005
  65.  
  66. 53 Week Year to Date
  67. Hi Lo Name Div Yld Last Chg Chg
  68. 66.85 46.40 Boeing 1.00 1.5 64.58 +24.7
  69. 25.00 22.75 Dillard38 1.88 7.8 24.25 -.36 -2.3
  70. 16.09 8.70 Goodyear 15.86 +.22 +8.2
  71. 64.26 42.05 Starbucks 52.46 +.75 -15.9
  72. 42.27 33.71 VerizonenCm 1.62 4.7 34.30 +.22 -14.1
  73. Your Answer
  74. C. 1.5%
  75. Question Number 11 Points: 5.00/5.00
  76. Question Text
  77. If you earn $33,100 per year and you save 6% in an IRA, how much will be taxed (to the nearest dollar)?
  78. Your Answer
  79. D. $31,114
  80. Question Number 12 Points: 5.00/5.00
  81. Question Text
  82. In the years after graduation, if Elaine earns a minimum of $24,000 and a maximum of $37,500 annually, what is her minimum monthly 10% savings amount?
  83. Your Answer
  84. B. $200
  85. Question Number 13 Points: 0.00/5.00
  86. Question Text
  87. Which kind of savings and investment plans do NOT allow investment options?
  88. Your Answer
  89. A. A 401K plan
  90. Question Number 14 Points: 0.00/5.00
  91. Question Text
  92. During the last year, what was Starbucks’ highest price per share according to the table below?
  93.  
  94. Sampling from stock market report July 15, 2005
  95.  
  96. 53 Week Year to Date
  97. Hi Lo Name Div Yld Last Chg Chg
  98. 66.85 46.40 Boeing 1.00 1.5 64.58 +24.7
  99. 25.00 22.75 Dillard38 1.88 7.8 24.25 -.36 -2.3
  100. 16.09 8.70 Goodyear 15.86 +.22 +8.2
  101. 64.26 42.05 Starbucks 52.46 +.75 -15.9
  102. 42.27 33.71 VerizonenCm 1.62 4.7 34.30 +.22 -14.1
  103. Your Answer
  104. C. $52.46
  105. Question Number 15 Points: 5.00/5.00
  106. Question Text
  107. What do you call the office and personnel who specifically assist and keep track of a company’s employees?
  108. Your Answer
  109. B. The human relations department
  110. Question Number 16 Points: 5.00/5.00
  111. Question Text
  112. According to the 10% savings rule, if you earn $470.00, you save $47.00. If you earn $150.00, how much do you save?
  113. Your Answer
  114. A. $15.00
  115. Question Number 17 Points: 5.00/5.00
  116. Question Text
  117. If you save $1,000 at the end of each year at 3% annual interest for twelve years, what is the accumulated amount of savings at the end of the twelve years in S = P((1 + r)n – 1)/r?
  118. Your Answer
  119. C. $14,192.03
  120. Question Number 18 Points: 5.00/5.00
  121. Question Text
  122. There are eight columns in this stock market report. Which column contains the name of the particular stock?
  123.  
  124. Sampling from stock market report July 15, 2005
  125.  
  126. 53 Week Year to Date
  127. Hi Lo Name Div Yld Last Chg Chg
  128. 66.85 46.40 Boeing 1.00 1.5 64.58 +24.7
  129. 25.00 22.75 Dillard38 1.88 7.8 24.25 -.36 -2.3
  130. 16.09 8.70 Goodyear 15.86 +.22 +8.2
  131. 64.26 42.05 Starbucks 52.46 +.75 -15.9
  132. 42.27 33.71 VerizonenCm 1.62 4.7 34.30 +.22 -14.1
  133. Your Answer
  134. C. Third
  135. Question Number 19 Points: 5.00/5.00
  136. Question Text
  137. According to the 10% savings rule that automatically adjusts to your earnings, how much would you save if your check showed earnings of $187.45?
  138. Your Answer
  139. C. $18.75
  140. Question Number 20 Points: 0.00/5.00
  141. Question Text
  142. What is the term that describes the matching a part of a company’s extra earnings with the employees?
  143. Your Answer
  144. D. Salary
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