A lump sum deposit of $8,000 left in the bank for 1 year at 9% compounded annually will result in an ending balance of (select the closest answer)

	$8,270.
	$8,520.
	$8,720.
	$8,820
	$8,000.

A personal consumer loan could be used to

	consolidate several loans into one.
	purchase a car.
	cover a temporary cash shortfall.
	buy a mobile home.
	do all these things.

Mike has a MasterCard with an annual fee of $25, 18% interest, and a $1,000 credit limit. He always pays the total outstanding balance monthly. His most recent monthly statement lists last month's payment, new charges this month totaling $1,500, and a $30 fee. That fee is most likely the result of

	interest charges.
	his annual fee.
	an over-the-limit fee.
	a late payment.
	transaction fees on purchases.