Question

The present value of the money in your savings account is $420, andyou're receiving 3% annual interest compounded monthly. what is the future value in two months? a.$432.60 b. $426 c. $422.10 d. $424.11

You've just received anorder of silk flower arrangements from your wholesaler. You paid $20.00 each for them. Your store uses a 10% markup rate. What is the selling price of the silk flower arrangements?
a. $200 b. $22.00 c. $2.00 d. $30.00


Your yearly off ice supply budget is $1,200. You psend $350 each year onpaper. What percent of your budget do you spend on paper? (Round off your answer to two places)
a. 30% b. 29% c. 41% d. 42%

How much simple interest would Kaitlyn earnon $300 at 6% for 6 months?
a. $18 b. $9 c. $54 d. $27

At the beginning of the week, a particular stock sold for 29 3/8 per share. At the end of the same week it sold for 31 2/8. What was the amount of increase per share?
a. 2 3/8 b. 1 7/8 c. 2 5/8 d. 2 1/8

What is the interest on $800 at 6% for 4 years?
a. $19.20 b. $182.00 c. 48.00
d. $192.00