22) is 6.725.88. During the day, 48 stock prices remain the same and one stock price increases by S5.7. At the end of the day. Your index value is 674919, what is the divisor on your index?(there is no split during the period) 22) You construct a price-weighted index of 49 stocks. At the beginning of the day, the index D) 0.24 A) 49 B)0.30 c) 1 23) 29 A credit card account that charges interest at the rate of 1.25% per month would have an annually compounded rate of and an APR of B) 12.68%:15.00% D) 16.08%; 15.00% A) 14.55% 16.08% 15.00%; 14.55% 24) Jay Coleman just graduated. He plans to work for five years and then leave for the Australian 24) Outback"country. He figures that he can save $3,500 a year for the first three years and $5,000a year for the next two years. These savings will start one year from now. In addition, his family gave him a $2,500 graduation gift. If he puts the gift, and the future savings when they start, into an accoun at pays 775% compounded when he leaves for Australia five years from now? Round off to the nearest $1. annually, what will his financial "stake" be A) $36,082 B) $24,725 C)$27,178 D) $30,003 25) You want to travel to Europe to visit relatives when you graduate from college three years from 25) now. The trip is expected to cost a total of $10,000. Your parents have deposited $5,000 for you in a CD paying 6% interest annually, maturing three years from now. Aunt Hilda has agreed to finance the balance. If you are going to put Aunt Hilda's gift in an investment earning 10% annually over the next three years, how much must she deposit now so you can visit your relatives in three years? A) $3,757 B) 53,345 C) $3,039 D) $3,801