Leo is preparing for a vacation in which he will need to catch a flight. He needs spending money but his luggage cannot exceed 50 lbs. Luckily, Leo is able to withdrawal cash from the ATM to keep in his wallet. The paper bills will not add weight to his luggage and he can purchase snacks on the plane! Question 1. Which characteristic of money does this illustrate?

Question

A. durability
B. portability
C. divisibility
D. uniformity

Question 2. You buy a candy bar for 50 cents. A year later, you go to buy the same candy bar and it's 55 cents. This is an example of...
A. interest rate
B. deflation
C. inflation***
D. wage

Question 3. Calculate the Simple Interest: How much interest does a $9.66 investment earn at 10% over 8 years?
A. 96 cents
B.$8.97
$7.73
zero

Answer 1

my answers are ACA

Answer 2

1 and 3 are wrong. 2 is right.