G180 Module 03 Assignment
1. Out of 78
students in a math course, 63 passed their math quiz. What percentage of the
tuition this quarter was $4550. What was
the percentage increase on her tuition is she paid $4320 last quarter?
3. Suppose you buy
a $3250 savings bond that pays 2.39% annual simple interest. Determine the
value of the bond after 4 years.
4. Suppose that
you deposit $6,380 in a savings account that pays 4.5% annual interest with
interest credited to the account at the end of each year. Assuming no
withdrawals are made, find the balance in the account after 7 years.
5. Suppose that
you deposit $10,500 is invested in an account with an APR of 2.75% compounded daily.
Find the future value of the account in 8 years.
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