Which of the following expressions is equivalent to 
? (t ? ?n, where n is a whole number)
?
A. ?
B. 
C. 
D. 
E. 
Answer: A
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The given Treasury bill was sold in April of this year. Find (i) the price of the T-bill, and (ii) the actual interest rate paid by the Treasury. Round dollar amounts to the nearest cent and interest rates to the nearest thousandth.Six-month $17,000 T-bill with discount rate 0.130%
A. (i) $17,011.05; (ii) About 0.13% B. (i) $16,998.90; (ii) About 0.013% C. (i) $16,988.95; (ii) About 0.13% D. (i) $16,986.74; (ii) About 0.156%
Write the percent as a decimal.56%
A. 0.056 B. 0.56 C. 5.6 D. 0.45
Solve the problem.A salesperson earned $275 a week plus a bonus of $21 for each service contract sold. What is the weekly pay if 5 service contracts were sold?
A. $380 B. $275 C. $480 D. $105
Solve the problem. Round money amounts to the nearest cent.Kristin switched from drinking 3 cups of drip coffee per day to drinking 2 cups of decaffeinated coffee per day. How many fewer grams of caffeine is she consuming each week? Assume that a cup of drip coffee contains 90 mg of caffeine and a cup of decaffeinated coffee contains 5 mg of caffeine.
A. 18.2 g B. 2.6 g C. 1.82 g D. 0.26 g