Savings plans Quiz: answer key
Every answer, with a link to its step-by-step solution
| # | Answer | Level | Solution |
|---|---|---|---|
| 1 | FV ≈ $13,954.01 | Easy | Solved step by step |
| 2 | FV ≈ $12,577.89 | Easy | Solved step by step |
| 3 | FV ≈ $2,704.89 | Easy | Solved step by step |
| 4 | FV ≈ $5,593.36 | Easy | Solved step by step |
| 5 | FV ≈ $18,120.59 | Medium | Solved step by step |
| 6 | FV ≈ $4,826.49 | Medium | Solved step by step |
| 7 | FV ≈ $12,587.47 | Medium | Solved step by step |
| 8 | PMT = $150.84 | Harder | Solved step by step |
| 9 | PMT = $2,317.12 | Harder | Solved step by step |
| 10 | PMT = $132.91 | Harder | Solved step by step |
Grade
Count your right answers and divide by the number of questions: A 90% or more, B 80%, C 70%, D 60%, F below 60%.