1.All of the following are types of financial institutions EXCEPT

Multiple Choice

• Federal reserve.

• pension funds.

• thrifts.

• insurance companies.

2. Mavis purchased an e-bike for her delivery service for $979. She earned $1028 making deliveries but had to spend $212 for repairs and maintenance. She sold it for $876. What was her holding period return? (Enter your answer in percent, rounded to the nearest 0.01%, with the "%")